Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Short Interest Up 340.2% in May

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 92,462 shares, a growth of 340.2% from the April 30th total of 21,006 shares. Based on an average daily volume of 55,046 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.6% of the company’s shares are sold short.

Institutional Trading of Xtrackers MSCI Europe Hedged Equity ETF

A number of institutional investors have recently modified their holdings of DBEU. Ameriprise Financial Inc. grew its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during 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 during the period. Cooksen Wealth LLC boosted its holdings in 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 acquiring an additional 11,466 shares during the period. Ascentis Independent Advisors purchased a new position in Xtrackers MSCI Europe Hedged Equity ETF in the 1st quarter worth approximately $76,000. Finally, Jones Financial Companies Lllp boosted its holdings in 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 acquiring an additional 1,365 shares during the period.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

Shares of NYSEARCA:DBEU opened at $51.97 on Friday. Xtrackers MSCI Europe Hedged Equity ETF has a 1 year low of $43.33 and a 1 year high of $52.51. The stock has a market capitalization of $771.75 million, a P/E ratio of 16.40 and a beta of 0.63. The stock has a 50-day simple moving average of $50.24 and a 200-day simple moving average of $49.42.

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.