Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) Sees Large Decrease in Short Interest

Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 23,595 shares, a decline of 36.3% from the April 15th total of 37,041 shares. Based on an average daily trading volume, of 8,019 shares, the short-interest ratio is presently 2.9 days. Approximately 0.9% of the company’s shares are sold short.

Xtrackers MSCI Emerging Markets Hedged Equity ETF Stock Down 0.5%

Shares of DBEM traded down $0.20 during mid-day trading on Tuesday, hitting $38.62. 1,992 shares of the company’s stock traded hands, compared to its average volume of 12,027. Xtrackers MSCI Emerging Markets Hedged Equity ETF has a 1 year low of $25.92 and a 1 year high of $40.55. The firm has a market capitalization of $98.48 million, a P/E ratio of 14.32 and a beta of 0.55. The business’s 50-day moving average price is $36.25 and its 200-day moving average price is $34.29.

Institutional Investors Weigh In On Xtrackers MSCI Emerging Markets Hedged Equity ETF

A hedge fund recently bought a new stake in Xtrackers MSCI Emerging Markets Hedged Equity ETF stock. Trust Co. of Vermont purchased a new stake in shares of Xtrackers MSCI Emerging Markets Hedged Equity ETF (NYSEARCA:DBEM) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 800 shares of the company’s stock, valued at approximately $25,000.

About Xtrackers MSCI Emerging Markets Hedged Equity ETF

The Xtrackers MSCI Emerging Markets Hedged Equity ETF (DBEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of emerging firms hedged for currency exposure. DBEM was launched on Jun 9, 2011 and is managed by Xtrackers.