Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Short Interest Up 687.5% in June

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 59,921 shares, an increase of 687.5% from the June 15th total of 7,609 shares. Based on an average daily volume of 63,477 shares, the short-interest ratio is currently 0.9 days. Approximately 1.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Xtrackers MSCI Japan Hedged Equity ETF stock. Ameriprise Financial Inc. grew its position in shares of Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 8.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,798 shares of the company’s stock after purchasing an additional 787 shares during the quarter. Ameriprise Financial Inc. owned approximately 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 Trading Down 1.4%

Shares of DBJP stock traded down $1.65 during trading on Monday, reaching $113.95. 4,065 shares of the company’s stock traded hands, compared to its average volume of 42,831. The firm’s 50-day moving average is $112.37 and its 200 day moving average is $105.84. The company has a market capitalization of $689.40 million, a P/E ratio of 14.69 and a beta of 0.49. Xtrackers MSCI Japan Hedged Equity ETF has a 1 year low of $75.29 and a 1 year high of $118.75.

Xtrackers MSCI Japan Hedged Equity ETF Company Profile

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.