Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) Sees Large Growth in Short Interest

Xtrackers MSCI EAFE Hedged Equity ETF (NYSEARCA:DBEF) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 452,069 shares, a growth of 131.7% from the May 31st total of 195,090 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 443,044 shares, the days-to-cover ratio is currently 1.0 days.

Xtrackers MSCI EAFE Hedged Equity ETF Stock Up 0.9%

Shares of DBEF stock traded up $0.49 during trading hours on Monday, hitting $54.47. 353,235 shares of the company’s stock were exchanged, compared to its average volume of 669,007. The firm has a market cap of $9.04 billion, a P/E ratio of 16.43 and a beta of 0.58. The firm has a 50 day moving average of $52.63 and a two-hundred day moving average of $50.86. Xtrackers MSCI EAFE Hedged Equity ETF has a fifty-two week low of $43.42 and a fifty-two week high of $54.98.

Institutional Investors Weigh In On Xtrackers MSCI EAFE Hedged Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in DBEF. Triumph Capital Management acquired a new stake in shares of Xtrackers MSCI EAFE Hedged Equity ETF in the third quarter valued at about $26,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Xtrackers MSCI EAFE Hedged Equity ETF during the 4th quarter worth about $42,000. Root Financial Partners LLC raised its position in shares of Xtrackers MSCI EAFE Hedged Equity ETF by 121.0% during the 4th quarter. Root Financial Partners LLC now owns 2,199 shares of the exchange traded fund’s stock worth $106,000 after purchasing an additional 1,204 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Xtrackers MSCI EAFE Hedged Equity ETF by 1,299.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,477 shares of the exchange traded fund’s stock valued at $108,000 after buying an additional 2,300 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new position in Xtrackers MSCI EAFE Hedged Equity ETF in the 4th quarter valued at about $166,000.

Xtrackers MSCI EAFE Hedged Equity ETF Company Profile

The Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed-market equities excluding North America. It is hedged for currency exposure from a USD point of view. DBEF was launched on Jun 9, 2011 and is managed by Xtrackers.