Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Stock Short Interest Jumps 437.0%

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 9,505 shares, a growth of 437.0% from the August 31st total of 1,770 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 31,089 shares, the days-to-cover ratio is currently 0.3 days.

Xtrackers MSCI Europe Hedged Equity ETF Stock Up 0.3%

DBEU traded up $0.18 during trading on Friday, reaching $54.17. 13,141 shares of the company’s stock were exchanged, compared to its average volume of 47,761. The company has a market capitalization of $777.34 million, a P/E ratio of 16.40 and a beta of 0.61. The business has a 50 day moving average price of $54.43 and a 200 day moving average price of $52.34. Xtrackers MSCI Europe Hedged Equity ETF has a fifty-two week low of $45.53 and a fifty-two week high of $55.63.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Xtrackers MSCI Europe Hedged Equity ETF stock. Ascentis Independent Advisors acquired a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,562 shares of the company’s stock, valued at approximately $76,000.

Xtrackers MSCI Europe Hedged Equity ETF Company Profile

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.