Xtrackers MSCI Eurozone Hedged Equity ETF (NYSEARCA:DBEZ) Sees Large Decrease in Short Interest

Xtrackers MSCI Eurozone Hedged Equity ETF (NYSEARCA:DBEZ) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 19,517 shares, a decline of 51.9% from the February 26th total of 40,555 shares. Currently, 1.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,302 shares, the short-interest ratio is currently 3.1 days.

Institutional Investors Weigh In On Xtrackers MSCI Eurozone Hedged Equity ETF

A hedge fund recently bought a new stake in Xtrackers MSCI Eurozone Hedged Equity ETF stock. Flow Traders U.S. LLC bought a new position in Xtrackers MSCI Eurozone Hedged Equity ETF (NYSEARCA:DBEZ) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 28,699 shares of the company’s stock, valued at approximately $1,529,000. Flow Traders U.S. LLC owned 2.24% of Xtrackers MSCI Eurozone Hedged Equity ETF as of its most recent filing with the SEC.

Xtrackers MSCI Eurozone Hedged Equity ETF Stock Down 1.1%

NYSEARCA DBEZ traded down $0.57 during trading on Friday, hitting $53.24. 2,443 shares of the stock traded hands, compared to its average volume of 6,399. The company has a market capitalization of $61.76 million, a P/E ratio of 16.08 and a beta of 0.85. The firm has a 50-day simple moving average of $56.81 and a 200-day simple moving average of $55.27. Xtrackers MSCI Eurozone Hedged Equity ETF has a 12-month low of $43.39 and a 12-month high of $59.62.

Xtrackers MSCI Eurozone Hedged Equity ETF Company Profile

The Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of stocks from eurozone nations and hedges out the currency fluctuations of the euro relative to the US dollar. DBEZ was launched on Dec 10, 2014 and is managed by Xtrackers.