Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Short Interest Down 81.4% in July

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 11,129 shares, a decline of 81.4% from the June 30th total of 59,921 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 80,720 shares, the short-interest ratio is currently 0.1 days.

Xtrackers MSCI Japan Hedged Equity ETF Stock Up 0.3%

Xtrackers MSCI Japan Hedged Equity ETF stock traded up $0.36 during midday trading on Friday, reaching $113.14. The company’s stock had a trading volume of 10,791 shares, compared to its average volume of 41,526. The company has a market cap of $690.15 million, a P/E ratio of 14.69 and a beta of 0.49. The business has a 50-day simple moving average of $113.21 and a 200-day simple moving average of $107.06. Xtrackers MSCI Japan Hedged Equity ETF has a fifty-two week low of $77.52 and a fifty-two week high of $118.75.

Hedge Funds Weigh In On Xtrackers MSCI Japan Hedged Equity ETF

An institutional investor recently raised its stake in Xtrackers MSCI Japan Hedged Equity ETF stock. Ameriprise Financial Inc. lifted its stake in shares of Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 8.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,798 shares of the company’s stock after buying an additional 787 shares during the quarter. Ameriprise Financial Inc. owned about 0.20% of Xtrackers MSCI Japan Hedged Equity ETF worth $749,000 at the end of the most recent reporting period.

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.