iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) Short Interest Update

iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 21,385 shares, a decrease of 71.8% from the April 15th total of 75,712 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily volume of 62,685 shares, the days-to-cover ratio is currently 0.3 days.

iShares U.S. Digital Infrastructure and Real Estate ETF Trading Up 0.2%

Shares of NYSEARCA IDGT traded up $0.29 during trading on Wednesday, reaching $119.74. The company had a trading volume of 22,700 shares, compared to its average volume of 33,671. iShares U.S. Digital Infrastructure and Real Estate ETF has a twelve month low of $78.10 and a twelve month high of $123.89. The stock has a market capitalization of $275.40 million, a PE ratio of 32.93 and a beta of 1.14. The stock has a 50-day moving average price of $106.42 and a two-hundred day moving average price of $94.73.

Institutional Investors Weigh In On iShares U.S. Digital Infrastructure and Real Estate ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Janney Montgomery Scott LLC grew its holdings in shares of iShares U.S. Digital Infrastructure and Real Estate ETF by 3.9% during the first quarter. Janney Montgomery Scott LLC now owns 4,667 shares of the company’s stock worth $456,000 after buying an additional 177 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in shares of iShares U.S. Digital Infrastructure and Real Estate ETF by 7,428.0% during the third quarter. Sunbelt Securities Inc. now owns 1,882 shares of the company’s stock worth $163,000 after buying an additional 1,857 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of iShares U.S. Digital Infrastructure and Real Estate ETF by 39.5% during the third quarter. Jones Financial Companies Lllp now owns 5,491 shares of the company’s stock worth $474,000 after buying an additional 1,555 shares in the last quarter. Finally, Captrust Financial Advisors purchased a new stake in shares of iShares U.S. Digital Infrastructure and Real Estate ETF during the second quarter worth about $223,000.

About iShares U.S. Digital Infrastructure and Real Estate ETF

The iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index of 50 US stocks involved in data centers, telecommunication towers, and related equipment. The fund uses a tiered approach in selection and weighting. IDGT was launched on Jul 10, 2001 and is issued by BlackRock.