Short Interest in Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Drops By 80.5%

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 21,006 shares, a decrease of 80.5% from the April 15th total of 107,911 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 30,768 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in DBEU. Ascentis Independent Advisors bought a new stake in Xtrackers MSCI Europe Hedged Equity ETF in the first quarter worth $76,000. Jones Financial Companies Lllp raised its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 11.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock worth $619,000 after purchasing an additional 1,365 shares during the last quarter. Cooksen Wealth LLC raised its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the 2nd quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock worth $2,106,000 after purchasing an additional 11,466 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock worth $4,842,000 after purchasing an additional 65,754 shares in the last quarter.

Xtrackers MSCI Europe Hedged Equity ETF Stock Down 1.1%

Shares of DBEU stock traded down $0.55 during trading hours on Tuesday, hitting $50.33. 1,748 shares of the company’s stock traded hands, compared to its average volume of 57,961. The stock’s fifty day simple moving average is $49.70 and its two-hundred day simple moving average is $49.02. Xtrackers MSCI Europe Hedged Equity ETF has a 12-month low of $43.33 and a 12-month high of $51.84. The stock has a market cap of $747.40 million, a price-to-earnings ratio of 16.40 and a beta of 0.63.

Xtrackers MSCI Europe Hedged Equity ETF Company Profile

The Xtrackers MSCI Europe Hedged Equity ETF (DBEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted and currency-hedged index of companies in developed Europe. DBEU was launched on Oct 1, 2013 and is managed by Xtrackers.