Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Short Interest Up 51.8% in July

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 11,866 shares, an increase of 51.8% from the July 15th total of 7,815 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 23,534 shares, the days-to-cover ratio is currently 0.5 days.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

Xtrackers MSCI Europe Hedged Equity ETF stock opened at $55.12 on Wednesday. Xtrackers MSCI Europe Hedged Equity ETF has a one year low of $44.63 and a one year high of $55.63. The stock has a market capitalization of $782.70 million, a PE ratio of 16.40 and a beta of 0.62. The business’s fifty day moving average is $53.93 and its 200 day moving average is $51.60.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of DBEU. Ascentis Independent Advisors bought a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the first quarter worth approximately $76,000. Cooksen Wealth LLC lifted its position in Xtrackers MSCI Europe Hedged Equity ETF by 31.6% during the second quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock valued at $2,106,000 after purchasing an additional 11,466 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% during the second quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock valued at $4,842,000 after purchasing an additional 65,754 shares during the period.

About Xtrackers MSCI Europe Hedged Equity ETF

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.