Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Short Interest Up 196.1% in May

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,149,984 shares, an increase of 196.1% from the April 30th total of 388,376 shares. Approximately 2.0% of the company’s shares are sold short. Based on an average daily volume of 1,475,844 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On Global X Data Center & Digital Infrastructure ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Arkadios Wealth Advisors grew its position in shares of Global X Data Center & Digital Infrastructure ETF by 5.3% in the first quarter. Arkadios Wealth Advisors now owns 14,788 shares of the company’s stock valued at $354,000 after purchasing an additional 745 shares during the period. S. R. Schill & Associates acquired a new position in Global X Data Center & Digital Infrastructure ETF in the first quarter valued at $4,549,000. Ascentis Independent Advisors acquired a new position in Global X Data Center & Digital Infrastructure ETF in the first quarter valued at $1,401,000. Janney Montgomery Scott LLC boosted its holdings in Global X Data Center & Digital Infrastructure ETF by 38.3% in the first quarter. Janney Montgomery Scott LLC now owns 17,577 shares of the company’s stock valued at $421,000 after acquiring an additional 4,871 shares during the last quarter. Finally, AdvisorNet Financial Inc boosted its holdings in Global X Data Center & Digital Infrastructure ETF by 112.8% in the first quarter. AdvisorNet Financial Inc now owns 11,595 shares of the company’s stock valued at $278,000 after acquiring an additional 6,145 shares during the last quarter.

Global X Data Center & Digital Infrastructure ETF Stock Down 0.2%

Shares of NASDAQ:DTCR traded down $0.06 during midday trading on Friday, reaching $31.59. The company’s stock had a trading volume of 1,379,643 shares, compared to its average volume of 916,597. The firm has a market cap of $1.84 billion, a price-to-earnings ratio of 30.39 and a beta of 1.15. Global X Data Center & Digital Infrastructure ETF has a 1 year low of $17.03 and a 1 year high of $31.87. The business has a 50 day moving average price of $27.73 and a 200 day moving average price of $24.69.

Global X Data Center & Digital Infrastructure ETF Company Profile

The Global X Data Center And Digital Infrastructure ETF (DTCR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market-cap-weighted index of global equities involved in data center REITs and related digital infrastructure companies. DTCR was launched on Oct 27, 2020 and is issued by Global X.