Xtrackers MSCI All World ex US Hedged Equity ETF (NYSEARCA:DBAW) Sees Large Decline in Short Interest

Xtrackers MSCI All World ex US Hedged Equity ETF (NYSEARCA:DBAW) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 12,360 shares, a decrease of 73.8% from the August 15th total of 47,260 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 39,400 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Xtrackers MSCI All World ex US Hedged Equity ETF

Several institutional investors have recently modified their holdings of DBAW. Jones Financial Companies Lllp increased its position in Xtrackers MSCI All World ex US Hedged Equity ETF by 203.5% during the first quarter. Jones Financial Companies Lllp now owns 10,537 shares of the company’s stock valued at $373,000 after acquiring an additional 7,065 shares during the last quarter. Sound Income Strategies LLC grew its stake in shares of Xtrackers MSCI All World ex US Hedged Equity ETF by 40.1% during the 1st quarter. Sound Income Strategies LLC now owns 17,328 shares of the company’s stock valued at $749,000 after purchasing an additional 4,957 shares during the period. Finally, Ameriprise Financial Inc. increased its position in shares of Xtrackers MSCI All World ex US Hedged Equity ETF by 4.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 387,236 shares of the company’s stock valued at $14,178,000 after purchasing an additional 16,762 shares during the last quarter.

Xtrackers MSCI All World ex US Hedged Equity ETF Trading Down 0.9%

DBAW traded down $0.45 during trading on Monday, hitting $47.52. 18,465 shares of the company’s stock traded hands, compared to its average volume of 21,906. The company’s 50 day simple moving average is $48.06 and its two-hundred day simple moving average is $46.39. Xtrackers MSCI All World ex US Hedged Equity ETF has a 12-month low of $38.84 and a 12-month high of $49.25. The stock has a market capitalization of $287.50 million, a price-to-earnings ratio of 15.92 and a beta of 0.53.

Xtrackers MSCI All World ex US Hedged Equity ETF Company Profile

The Xtrackers MSCI All World ex U.S. Hedged Equity ETF (DBAW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap companies from developed and emerging markets, excluding the US. The fund hedges out its exposure to the underlying currencies, relative to the USD. DBAW was launched on Jan 23, 2014 and is managed by Xtrackers.