Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Short Interest Up 523.9% in August

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 57,483 shares, an increase of 523.9% from the July 30th total of 9,213 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average daily volume of 13,661 shares, the days-to-cover ratio is currently 4.2 days.

Xtrackers MSCI Japan Hedged Equity ETF Stock Up 1.3%

NYSEARCA:DBJP traded up $1.46 during mid-day trading on Friday, reaching $117.20. 4,279 shares of the stock were exchanged, compared to its average volume of 37,367. The stock has a market capitalization of $714.92 million, a P/E ratio of 14.69 and a beta of 0.50. Xtrackers MSCI Japan Hedged Equity ETF has a 1 year low of $81.66 and a 1 year high of $119.15. The company has a 50 day simple moving average of $114.39 and a 200-day simple moving average of $109.56.

Hedge Funds Weigh In On Xtrackers MSCI Japan Hedged Equity ETF

A hedge fund recently raised its position in Xtrackers MSCI Japan Hedged Equity ETF stock. Ameriprise Financial Inc. boosted its holdings in shares of Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 8.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 9,798 shares of the company’s stock after purchasing an additional 787 shares during the period. Ameriprise Financial Inc. owned approximately 0.20% of Xtrackers MSCI Japan Hedged Equity ETF worth $749,000 as of its most recent filing with the SEC.

About Xtrackers MSCI Japan Hedged Equity ETF

The Xtrackers MSCI Japan Hedged Equity ETF (DBJP) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of Japanese stocks. The fund is hedged against Japanese yen (JPY) currency fluctuations. DBJP was launched on Jun 9, 2011 and is managed by Xtrackers.