Short Interest in Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP) Declines By 82.7%
by Kim Johansen · The Markets DailyXtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP – Get Free Report) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 7,609 shares, a decline of 82.7% from the May 31st total of 44,018 shares. Based on an average daily trading volume, of 38,831 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.
Xtrackers MSCI Japan Hedged Equity ETF Stock Down 0.5%
Shares of DBJP traded down $0.60 during trading hours on Friday, reaching $113.76. The company’s stock had a trading volume of 179,297 shares, compared to its average volume of 38,770. The firm has a market cap of $659.81 million, a price-to-earnings ratio of 14.69 and a beta of 0.49. Xtrackers MSCI Japan Hedged Equity ETF has a 1-year low of $75.29 and a 1-year high of $118.75. The company has a 50 day moving average of $110.72 and a two-hundred day moving average of $104.32.
Hedge Funds Weigh In On Xtrackers MSCI Japan Hedged Equity ETF
A hedge fund recently raised its stake in Xtrackers MSCI Japan Hedged Equity ETF stock. Flow Traders U.S. LLC lifted its stake in Xtrackers MSCI Japan Hedged Equity ETF (NYSEARCA:DBJP – Free Report) by 57.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 40,642 shares of the company’s stock after acquiring an additional 14,807 shares during the period. Flow Traders U.S. LLC owned 0.86% of Xtrackers MSCI Japan Hedged Equity ETF worth $3,454,000 at the end of the most recent reporting period.
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.