Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Shares Shorted: Short Interest Up 437.0% in September

Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 9,505 shares, a growth of 437.0% from the August 31st total of 1,770 shares. Based on an average daily volume of 31,089 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Xtrackers MSCI Europe Hedged Equity ETF Price Performance

Shares of DBEU opened at $53.99 on Friday. The company has a market cap of $774.76 million, a P/E ratio of 16.40 and a beta of 0.61. The stock has a fifty day moving average price of $54.42 and a 200 day moving average price of $52.33. Xtrackers MSCI Europe Hedged Equity ETF has a 12 month low of $45.26 and a 12 month high of $55.63.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Xtrackers MSCI Europe Hedged Equity ETF stock. Ascentis Independent Advisors acquired a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,562 shares of the company’s stock, valued at approximately $76,000.

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.