Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Short Interest Down 92.2% in July

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 7,815 shares, a drop of 92.2% from the June 30th total of 100,089 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 35,303 shares, the days-to-cover ratio is presently 0.2 days.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

Xtrackers MSCI Europe Hedged Equity ETF stock traded up $0.40 during mid-day trading on Friday, hitting $53.77. The company’s stock had a trading volume of 12,572 shares, compared to its average volume of 52,354. The stock has a market cap of $763.53 million, a price-to-earnings ratio of 16.40 and a beta of 0.62. The business has a 50 day moving average price of $52.89 and a 200-day moving average price of $50.94. Xtrackers MSCI Europe Hedged Equity ETF has a 12 month low of $43.47 and a 12 month high of $54.50.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of DBEU. Ameriprise Financial Inc. boosted its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock valued at $4,842,000 after acquiring an additional 65,754 shares during the period. Cooksen Wealth LLC increased its stake in Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the 2nd quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock worth $2,106,000 after purchasing an additional 11,466 shares during the period. Finally, Ascentis Independent Advisors purchased a new position in Xtrackers MSCI Europe Hedged Equity ETF in the 1st quarter worth approximately $76,000.

About Xtrackers MSCI Europe Hedged Equity ETF

The Xtrackers MSCI Europe Hedged Equity ETF (DBEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted and currency-hedged index of companies in developed Europe. DBEU was launched on Oct 1, 2013 and is managed by Xtrackers.