First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) Short Interest Down 52.9% in July

First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 16 shares, a drop of 52.9% from the June 30th total of 34 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 338 shares, the short-interest ratio is currently 0.0 days.

First Trust Alerian Disruptive Technology Real Estate ETF Trading Up 0.5%

DTRE stock traded up $0.22 during midday trading on Tuesday, hitting $43.47. The stock had a trading volume of 21 shares, compared to its average volume of 548. The stock has a 50-day simple moving average of $42.52 and a 200 day simple moving average of $41.56. The firm has a market capitalization of $14.78 million, a price-to-earnings ratio of 27.47 and a beta of 0.97. First Trust Alerian Disruptive Technology Real Estate ETF has a 52 week low of $38.31 and a 52 week high of $43.51.

Institutional Investors Weigh In On First Trust Alerian Disruptive Technology Real Estate ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Citadel Advisors LLC acquired a new position in First Trust Alerian Disruptive Technology Real Estate ETF in the third quarter worth $771,000. Raymond James Financial Inc. raised its holdings in shares of First Trust Alerian Disruptive Technology Real Estate ETF by 3.6% in the third quarter. Raymond James Financial Inc. now owns 17,642 shares of the company’s stock valued at $697,000 after buying an additional 606 shares during the last quarter. Virtu Financial LLC bought a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF in the third quarter valued at about $469,000. Flow Traders U.S. LLC acquired a new position in First Trust Alerian Disruptive Technology Real Estate ETF during the 3rd quarter worth about $412,000. Finally, Jane Street Group LLC lifted its position in First Trust Alerian Disruptive Technology Real Estate ETF by 33.3% during the 2nd quarter. Jane Street Group LLC now owns 7,640 shares of the company’s stock worth $306,000 after buying an additional 1,910 shares in the last quarter.

First Trust Alerian Disruptive Technology Real Estate ETF Company Profile

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.