Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Short Interest Down 48.9% in May

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 44,018 shares, a decline of 48.9% from the May 14th total of 86,172 shares. Based on an average daily volume of 22,616 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.8% of the shares of the company are short sold.

Xtrackers MSCI Japan Hedged Equity ETF Price Performance

NYSEARCA:DBJP traded up $2.25 during trading hours on Monday, reaching $115.14. The company had a trading volume of 10,329 shares, compared to its average volume of 37,435. Xtrackers MSCI Japan Hedged Equity ETF has a 1-year low of $73.85 and a 1-year high of $115.33. The firm has a market cap of $667.81 million, a PE ratio of 14.69 and a beta of 0.49. The business’s 50 day moving average price is $108.94 and its 200-day moving average price is $102.97.

Institutional Trading of Xtrackers MSCI Japan Hedged Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI Japan Hedged Equity ETF stock. Ameriprise Financial Inc. increased its position in shares of Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 8.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor 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 filing with the SEC.

About Xtrackers MSCI Japan Hedged Equity ETF

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.