Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) Short Interest Update

Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 84,733 shares, a growth of 180.1% from the June 30th total of 30,247 shares. Based on an average trading volume of 35,211 shares, the days-to-cover ratio is presently 2.4 days. Approximately 3.0% of the shares of the company are sold short.

Xtrackers MSCI Emerging Markets Hedged Equity ETF Price Performance

Shares of DBEM opened at $36.99 on Wednesday. The company has a market cap of $103.57 million, a PE ratio of 14.32 and a beta of 0.57. The firm has a 50-day moving average of $39.96 and a 200-day moving average of $37.19. Xtrackers MSCI Emerging Markets Hedged Equity ETF has a one year low of $27.69 and a one year high of $42.63.

Hedge Funds Weigh In On Xtrackers MSCI Emerging Markets Hedged Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI Emerging Markets Hedged Equity ETF stock. Ameriprise Financial Inc. raised its holdings in Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) by 12.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 146,591 shares of the company’s stock after buying an additional 16,227 shares during the period. Ameriprise Financial Inc. owned about 5.98% of Xtrackers MSCI Emerging Markets Hedged Equity ETF worth $4,525,000 at the end of the most recent quarter.

Xtrackers MSCI Emerging Markets Hedged Equity ETF Company Profile

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.