Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Short Interest Up 687.5% in June

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 59,921 shares, an increase of 687.5% from the June 15th total of 7,609 shares. Currently, 1.0% of the company’s shares are sold short. Based on an average daily volume of 63,477 shares, the short-interest ratio is presently 0.9 days.

Xtrackers MSCI Japan Hedged Equity ETF Stock Performance

Shares of Xtrackers MSCI Japan Hedged Equity ETF stock traded up $0.96 on Friday, hitting $115.60. The stock had a trading volume of 37,803 shares, compared to its average volume of 43,139. The stock has a 50 day moving average of $112.37 and a 200 day moving average of $105.76. The firm has a market capitalization of $693.60 million, a P/E ratio of 14.69 and a beta of 0.49. Xtrackers MSCI Japan Hedged Equity ETF has a twelve month low of $75.29 and a twelve month high of $118.75.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers MSCI Japan Hedged Equity ETF stock. Ameriprise Financial Inc. boosted its holdings in Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 8.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,798 shares of the company’s stock after purchasing 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 quarter.

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.