Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Sees Large Increase in Short Interest

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 57,483 shares, a growth of 523.9% from the July 30th total of 9,213 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 13,661 shares, the short-interest ratio is currently 4.2 days.

Institutional Trading of Xtrackers MSCI Japan Hedged Equity ETF

An institutional investor recently raised its stake in Xtrackers MSCI Japan Hedged Equity ETF stock. Ameriprise Financial Inc. increased its stake in shares of Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 16.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,366 shares of the company’s stock after purchasing an additional 1,568 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.24% of Xtrackers MSCI Japan Hedged Equity ETF worth $968,000 as of its most recent filing with the SEC.

Xtrackers MSCI Japan Hedged Equity ETF Trading Up 0.8%

Shares of Xtrackers MSCI Japan Hedged Equity ETF stock opened at $115.55 on Wednesday. The stock has a 50-day moving average price of $114.43 and a 200 day moving average price of $109.40. The company has a market cap of $704.86 million, a P/E ratio of 14.69 and a beta of 0.50. Xtrackers MSCI Japan Hedged Equity ETF has a 1 year low of $81.66 and a 1 year high of $119.15.

Xtrackers MSCI Japan Hedged Equity ETF Company Profile

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.