Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) Sees Significant Decrease in Short Interest

Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) saw a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 3,700 shares, a drop of 26.0% from the August 31st total of 5,000 shares. Based on an average daily trading volume, of 10,300 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 10,300 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Jones Financial Companies Lllp increased its stake in Xtrackers MSCI Emerging Markets Hedged Equity ETF by 249,902.3% during the 1st quarter. Jones Financial Companies Lllp now owns 217,502 shares of the company’s stock valued at $5,562,000 after purchasing an additional 217,415 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Xtrackers MSCI Emerging Markets Hedged Equity ETF by 7.0% during the second quarter. Ameriprise Financial Inc. now owns 130,364 shares of the company’s stock valued at $3,564,000 after buying an additional 8,543 shares during the last quarter. Finally, Flow Traders U.S. LLC increased its position in shares of Xtrackers MSCI Emerging Markets Hedged Equity ETF by 3.6% in the 1st quarter. Flow Traders U.S. LLC now owns 79,006 shares of the company’s stock valued at $2,020,000 after acquiring an additional 2,758 shares during the period.

Xtrackers MSCI Emerging Markets Hedged Equity ETF Stock Up 0.7%

DBEM opened at $31.52 on Tuesday. The company has a market cap of $77.22 million, a P/E ratio of 14.32 and a beta of 0.60. The firm’s 50-day moving average price is $29.45 and its 200-day moving average price is $27.36. Xtrackers MSCI Emerging Markets Hedged Equity ETF has a 52-week low of $21.45 and a 52-week high of $31.58.

Xtrackers MSCI Emerging Markets Hedged Equity ETF Company Profile

The Xtrackers MSCI Emerging Markets Hedged Equity ETF (DBEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of emerging firms hedged for currency exposure. DBEM was launched on Jun 9, 2011 and is managed by Xtrackers.