Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM – Get Free Report) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 23,595 shares, a drop of 36.3% from the April 15th total of 37,041 shares. Based on an average daily trading volume, of 8,019 shares, the short-interest ratio is presently 2.9 days. Approximately 0.9% of the company’s stock are short sold.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Xtrackers MSCI Emerging Markets Hedged Equity ETF stock. Ameriprise Financial Inc. grew its position in Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM – Free Report) by 12.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 146,591 shares of the company’s stock after buying an additional 16,227 shares during the period. Ameriprise Financial Inc. owned approximately 5.98% of Xtrackers MSCI Emerging Markets Hedged Equity ETF worth $4,525,000 as of its most recent SEC filing.
Xtrackers MSCI Emerging Markets Hedged Equity ETF Stock Down 0.5%
Xtrackers MSCI Emerging Markets Hedged Equity ETF stock traded down $0.18 during trading hours on Monday, hitting $38.82. The stock had a trading volume of 1,296 shares, compared to its average volume of 12,135. The stock has a market capitalization of $98.99 million, a P/E ratio of 14.32 and a beta of 0.55. Xtrackers MSCI Emerging Markets Hedged Equity ETF has a 12-month low of $25.92 and a 12-month high of $40.55. The stock’s 50-day moving average price is $36.25 and its 200-day moving average price is $34.29.
About Xtrackers MSCI Emerging Markets Hedged Equity ETF
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.
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