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

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

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Xtrackers MSCI Japan Hedged Equity ETF stock. Ameriprise Financial Inc. lifted its position in Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 8.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,798 shares of the company’s stock after acquiring an additional 787 shares during the period. Ameriprise Financial Inc. owned about 0.20% of Xtrackers MSCI Japan Hedged Equity ETF worth $749,000 as of its most recent SEC filing.

Xtrackers MSCI Japan Hedged Equity ETF Stock Performance

Shares of NYSEARCA:DBJP traded up $2.23 during midday trading on Friday, reaching $115.20. The company had a trading volume of 8,315 shares, compared to its average volume of 36,453. Xtrackers MSCI Japan Hedged Equity ETF has a 1-year low of $84.31 and a 1-year 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. The company has a fifty day simple moving average of $114.53 and a two-hundred day simple moving average of $110.14.

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.