Short Interest in Xtrackers MSCI All World ex US Hedged Equity ETF (NYSEARCA:DBAW) Decreases By 34.5%

Xtrackers MSCI All World ex US Hedged Equity ETF (NYSEARCA:DBAW) was the target of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 61,393 shares, a decline of 34.5% from the June 15th total of 93,702 shares. Based on an average daily volume of 21,140 shares, the short-interest ratio is currently 2.9 days. Approximately 1.1% of the shares of the company are sold short.

Xtrackers MSCI All World ex US Hedged Equity ETF Stock Down 0.9%

Shares of DBAW opened at $47.36 on Friday. The business has a 50-day simple moving average of $47.45 and a two-hundred day simple moving average of $44.99. Xtrackers MSCI All World ex US Hedged Equity ETF has a 52 week low of $36.53 and a 52 week high of $49.25. The stock has a market cap of $269.95 million, a price-to-earnings ratio of 15.92 and a beta of 0.52.

Institutional Investors Weigh In On Xtrackers MSCI All World ex US Hedged Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its position in shares of Xtrackers MSCI All World ex US Hedged Equity ETF by 203.5% in the first quarter. Jones Financial Companies Lllp now owns 10,537 shares of the company’s stock worth $373,000 after purchasing an additional 7,065 shares during the period. Sound Income Strategies LLC bought a new stake in shares of Xtrackers MSCI All World ex US Hedged Equity ETF during the 4th quarter valued at $535,000. Finally, Ameriprise Financial Inc. raised its position in shares of Xtrackers MSCI All World ex US Hedged Equity ETF by 4.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 387,236 shares of the company’s stock valued at $14,178,000 after purchasing an additional 16,762 shares during the period.

About Xtrackers MSCI All World ex US Hedged Equity ETF

The Xtrackers MSCI All World ex U.S. Hedged Equity ETF (DBAW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap companies from developed and emerging markets, excluding the US. The fund hedges out its exposure to the underlying currencies, relative to the USD. DBAW was launched on Jan 23, 2014 and is managed by Xtrackers.