First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) Sees Large Increase in Short Interest

First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 34 shares, an increase of ∞ from the June 15th total of 0 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 426 shares, the short-interest ratio is currently 0.1 days.

First Trust Alerian Disruptive Technology Real Estate ETF Price Performance

Shares of First Trust Alerian Disruptive Technology Real Estate ETF stock opened at $42.77 on Thursday. The firm has a fifty day moving average price of $42.43 and a two-hundred day moving average price of $41.35. First Trust Alerian Disruptive Technology Real Estate ETF has a fifty-two week low of $38.31 and a fifty-two week high of $43.45. The company has a market cap of $14.54 million, a PE ratio of 27.47 and a beta of 0.97.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. CIBC Private Wealth Group LLC acquired a new stake in First Trust Alerian Disruptive Technology Real Estate ETF during the third quarter worth $31,000. Kestra Advisory Services LLC acquired a new stake in shares of First Trust Alerian Disruptive Technology Real Estate ETF during the 4th quarter valued at about $33,000. Osaic Holdings Inc. increased its stake in First Trust Alerian Disruptive Technology Real Estate ETF by 64.1% in the second quarter. Osaic Holdings Inc. now owns 1,055 shares of the company’s stock valued at $42,000 after acquiring an additional 412 shares during the period. Jones Financial Companies Lllp acquired a new position in First Trust Alerian Disruptive Technology Real Estate ETF in the first quarter worth about $99,000. Finally, Susquehanna International Group LLP lifted its stake in First Trust Alerian Disruptive Technology Real Estate ETF by 8.7% during the third quarter. Susquehanna International Group LLP now owns 6,864 shares of the company’s stock worth $271,000 after purchasing an additional 551 shares during the period.

About First Trust Alerian Disruptive Technology Real Estate ETF

The First Trust Alerian Disruptive Technology Real Estate ETF (DTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of real estate stocks that support wired and wireless communication, data infrastructure, warehouses, and fulfillment centers. Selection and weighting of securities are based on three-month average trading values. DTRE was launched on Oct 3, 2022 and is managed by First Trust.