Xtrackers MSCI Eurozone Hedged Equity ETF (NYSEARCA:DBEZ) Sees Significant Increase in Short Interest

by · The Cerbat Gem

Xtrackers MSCI Eurozone Hedged Equity ETF (NYSEARCA:DBEZ – Get Free Report) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 40,555 shares, a growth of 55.6% from the February 12th total of 26,072 shares. Approximately 3.5% of the company’s shares are short sold. Based on an average daily volume of 6,108 shares, the short-interest ratio is currently 6.6 days. Based on an average daily volume of 6,108 shares, the short-interest ratio is currently 6.6 days. Approximately 3.5% of the company’s shares are short sold.

Hedge Funds Weigh In On 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 acquired a new stake in shares of Xtrackers MSCI Eurozone Hedged Equity ETF (NYSEARCA:DBEZ – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 28,699 shares of the company’s stock, valued at approximately $1,529,000. Flow Traders U.S. LLC owned approximately 2.24% of Xtrackers MSCI Eurozone Hedged Equity ETF as of its most recent filing with the SEC.

Xtrackers MSCI Eurozone Hedged Equity ETF Trading Down 0.6%

Shares of DBEZ stock traded down $0.33 during mid-day trading on Friday, reaching $55.16. The stock had a trading volume of 1,784 shares, compared to its average volume of 6,728. The stock’s 50-day moving average price is $57.35 and its two-hundred day moving average price is $55.04. The firm has a market capitalization of $63.99 million, a PE ratio of 16.08 and a beta of 0.85. Xtrackers MSCI Eurozone Hedged Equity ETF has a 52-week low of $43.39 and a 52-week high of $59.62.

Xtrackers MSCI Eurozone Hedged Equity ETF Company Profile

(Get Free Report)

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.

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