Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Shares Shorted: Short Interest Down 38.1% in October

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 678,530 shares, a decline of 38.1% from the September 30th total of 1,096,723 shares. Based on an average daily trading volume, of 781,020 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.9% of the shares of the company are short sold.

Global X Data Center & Digital Infrastructure ETF Price Performance

Shares of DTCR stock traded down $0.66 during trading hours on Monday, hitting $24.91. The stock had a trading volume of 789,573 shares, compared to its average volume of 990,758. The firm has a market capitalization of $1.85 billion, a PE ratio of 30.39 and a beta of 1.17. The stock’s 50 day moving average is $27.32 and its 200 day moving average is $27.45. Global X Data Center & Digital Infrastructure ETF has a twelve month low of $19.25 and a twelve month high of $32.79.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of DTCR. North Star Investment Management Corp. acquired a new position in shares of Global X Data Center & Digital Infrastructure ETF in the third quarter valued at approximately $25,000. Root Financial Partners LLC acquired a new position in Global X Data Center & Digital Infrastructure ETF during the third quarter worth $37,000. Continuum Advisory LLC acquired a new position in shares of Global X Data Center & Digital Infrastructure ETF during the 2nd quarter worth $88,000. Arkadios Wealth Advisors increased its holdings in 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 buying an additional 745 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in Global X Data Center & Digital Infrastructure ETF by 38.3% during the first quarter. Janney Montgomery Scott LLC now owns 17,577 shares of the company’s stock worth $421,000 after purchasing an additional 4,871 shares during the last quarter.

About Global X Data Center & Digital Infrastructure ETF

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.