Short Interest in Xtrackers MSCI Eurozone Hedged Equity ETF (NYSEARCA:DBEZ) Increases By 90.9%

Xtrackers MSCI Eurozone Hedged Equity ETF (NYSEARCA:DBEZ) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 33,329 shares, an increase of 90.9% from the May 14th total of 17,457 shares. Based on an average daily volume of 2,830 shares, the days-to-cover ratio is presently 11.8 days. Currently, 2.8% of the shares of the stock are sold short.

Institutional Trading of 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 purchased a new stake in shares of 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 firm purchased 28,699 shares of the company’s stock, valued at approximately $1,529,000. Flow Traders U.S. LLC owned about 2.24% of Xtrackers MSCI Eurozone Hedged Equity ETF at the end of the most recent quarter.

Xtrackers MSCI Eurozone Hedged Equity ETF Trading Up 0.2%

Shares of DBEZ traded up $0.11 during trading hours on Friday, reaching $61.70. 858 shares of the company’s stock traded hands, compared to its average volume of 5,917. The stock has a market cap of $74.04 million, a PE ratio of 16.08 and a beta of 0.76. The firm’s 50 day simple moving average is $58.90 and its 200-day simple moving average is $57.14. Xtrackers MSCI Eurozone Hedged Equity ETF has a 12 month low of $48.27 and a 12 month high of $61.78.

About Xtrackers MSCI Eurozone Hedged Equity ETF

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.