Short Interest in Xtrackers MSCI Eurozone Hedged Equity ETF (NYSEARCA:DBEZ) Expands By 90.9%

Xtrackers MSCI Eurozone Hedged Equity ETF (NYSEARCA:DBEZ) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 33,329 shares, an increase of 90.9% from the May 14th total of 17,457 shares. Approximately 2.8% of the company’s shares are short sold. Based on an average daily volume of 2,830 shares, the days-to-cover ratio is currently 11.8 days.

Xtrackers MSCI Eurozone Hedged Equity ETF Price Performance

DBEZ traded down $0.13 during mid-day trading on Tuesday, hitting $61.95. The stock had a trading volume of 2,404 shares, compared to its average volume of 5,843. The stock’s fifty day simple moving average is $59.03 and its 200-day simple moving average is $57.20. The firm has a market capitalization of $74.34 million, a price-to-earnings ratio of 16.08 and a beta of 0.76. Xtrackers MSCI Eurozone Hedged Equity ETF has a 1-year low of $48.27 and a 1-year high of $62.40.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Xtrackers MSCI Eurozone Hedged Equity ETF stock. Flow Traders U.S. LLC purchased a new stake in Xtrackers MSCI Eurozone Hedged Equity ETF (NYSEARCA:DBEZ) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 28,699 shares of the company’s stock, valued at approximately $1,529,000. Flow Traders U.S. LLC owned 2.24% of Xtrackers MSCI Eurozone Hedged Equity ETF as of its most recent SEC filing.

Xtrackers MSCI Eurozone Hedged Equity ETF Company Profile

The Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from eurozone nations and hedges out the currency fluctuations of the euro relative to the US dollar. DBEZ was launched on Dec 10, 2014 and is managed by Xtrackers.