Short Interest in Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Grows By 96.3%

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 92,972 shares, a growth of 96.3% from the February 26th total of 47,357 shares. Based on an average trading volume of 41,322 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.7% of the shares of the company are sold short.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

Shares of NYSEARCA:DBEU traded down $0.67 during trading on Thursday, hitting $47.45. 21,058 shares of the stock were exchanged, compared to its average volume of 49,279. Xtrackers MSCI Europe Hedged Equity ETF has a 1-year low of $38.58 and a 1-year high of $51.84. The company has a market capitalization of $654.81 million, a price-to-earnings ratio of 16.40 and a beta of 0.71. The company’s fifty day simple moving average is $49.71 and its 200-day simple moving average is $48.13.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of DBEU. Flow Traders U.S. LLC increased its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 289.7% in the 2nd quarter. Flow Traders U.S. LLC now owns 98,510 shares of the company’s stock valued at $4,342,000 after buying an additional 73,230 shares during the period. Ameriprise Financial Inc. lifted 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 acquiring an additional 65,754 shares during the period. Cooksen Wealth LLC lifted its holdings in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% during 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. Finally, Jones Financial Companies Lllp boosted its position in shares of Xtrackers MSCI Europe Hedged Equity ETF by 11.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock valued at $619,000 after acquiring an additional 1,365 shares in the last quarter.

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.