Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Short Interest Down 85.0% in August

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 8,626 shares, a drop of 85.0% from the August 15th total of 57,483 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 9,154 shares, the days-to-cover ratio is presently 0.9 days.

Xtrackers MSCI Japan Hedged Equity ETF Trading Up 2.0%

Xtrackers MSCI Japan Hedged Equity ETF stock traded up $2.23 during midday trading on Friday, reaching $115.20. 8,315 shares of the stock traded hands, compared to its average volume of 36,453. The firm has a fifty day moving average price of $114.53 and a two-hundred day moving average price of $110.14. Xtrackers MSCI Japan Hedged Equity ETF has a fifty-two week low of $84.31 and a fifty-two week high of $119.15. The firm has a market cap of $702.75 million, a price-to-earnings ratio of 14.69 and a beta of 0.50.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers MSCI Japan Hedged Equity ETF stock. Ameriprise Financial Inc. increased its stake in Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 8.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,798 shares of the company’s stock after purchasing an additional 787 shares during the quarter. Ameriprise Financial Inc. owned about 0.20% of Xtrackers MSCI Japan Hedged Equity ETF worth $749,000 at the end of the most recent quarter.

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.