Short Interest in Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Grows By 1,193.5%

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 86,172 shares, a growth of 1,193.5% from the April 30th total of 6,662 shares. Currently, 1.5% of the shares of the company are sold short. Based on an average daily volume of 26,192 shares, the short-interest ratio is presently 3.3 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Xtrackers MSCI Japan Hedged Equity ETF stock. Ameriprise Financial Inc. lifted its position in shares of Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 8.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,798 shares of the company’s stock after purchasing an additional 787 shares during the period. Ameriprise Financial Inc. owned 0.20% of Xtrackers MSCI Japan Hedged Equity ETF worth $749,000 at the end of the most recent quarter.

Xtrackers MSCI Japan Hedged Equity ETF Trading Down 0.5%

Shares of Xtrackers MSCI Japan Hedged Equity ETF stock traded down $0.52 during trading on Wednesday, hitting $111.61. 34,470 shares of the stock were exchanged, compared to its average volume of 37,771. The stock has a market capitalization of $647.34 million, a price-to-earnings ratio of 14.69 and a beta of 0.48. The company has a fifty day moving average price of $105.84 and a 200-day moving average price of $101.08. Xtrackers MSCI Japan Hedged Equity ETF has a 1-year low of $73.85 and a 1-year high of $112.47.

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.