Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU – Get Free Report) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 7,815 shares, a decline of 92.2% from the June 30th total of 100,089 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 35,303 shares, the short-interest ratio is currently 0.2 days.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Ascentis Independent Advisors bought a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF during the 1st quarter valued at about $76,000. Cooksen Wealth LLC increased its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the second quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock worth $2,106,000 after purchasing an additional 11,466 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in Xtrackers MSCI Europe Hedged Equity ETF by 149.2% in the second quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock worth $4,842,000 after purchasing an additional 65,754 shares in the last quarter.
Xtrackers MSCI Europe Hedged Equity ETF Stock Up 0.7%
DBEU traded up $0.40 during trading on Friday, reaching $53.77. 12,572 shares of the stock traded hands, compared to its average volume of 52,354. The stock has a market capitalization of $763.53 million, a PE ratio of 16.40 and a beta of 0.62. The stock’s 50-day moving average is $52.89 and its 200 day moving average is $50.94. Xtrackers MSCI Europe Hedged Equity ETF has a 12 month low of $43.47 and a 12 month high of $54.50.
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.
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