Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Sees Large Decline in Short Interest

Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 11,129 shares, a decrease of 81.4% from the June 30th total of 59,921 shares. Based on an average trading volume of 80,720 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the company’s shares are sold short.

Xtrackers MSCI Japan Hedged Equity ETF Stock Up 0.3%

DBJP traded up $0.36 during trading on Friday, reaching $113.14. 10,791 shares of the stock traded hands, compared to its average volume of 41,526. The stock’s 50-day moving average is $113.21 and its 200 day moving average is $107.06. Xtrackers MSCI Japan Hedged Equity ETF has a 12 month low of $77.52 and a 12 month high of $118.75. The stock has a market capitalization of $690.15 million, a PE ratio of 14.69 and a beta of 0.49.

Institutional Trading of Xtrackers MSCI Japan Hedged Equity ETF

A hedge fund recently raised its stake in Xtrackers MSCI Japan Hedged Equity ETF stock. Ameriprise Financial Inc. boosted its position in Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) by 16.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,366 shares of the company’s stock after purchasing an additional 1,568 shares during the period. Ameriprise Financial Inc. owned about 0.24% of Xtrackers MSCI Japan Hedged Equity ETF worth $968,000 as of its most recent SEC filing.

About Xtrackers MSCI Japan Hedged Equity ETF

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.