Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC – Get Free Report) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 509,328 shares, an increase of ? from the April 30th total of 0 shares. Based on an average daily trading volume, of 1,220,224 shares, the days-to-cover ratio is currently 0.4 days.
Blackstone Digital Infrastructure Trust Trading Up 0.0%
Shares of NYSE BXDC traded up $0.01 during midday trading on Tuesday, reaching $21.57. 595,114 shares of the stock traded hands, compared to its average volume of 1,638,800. Blackstone Digital Infrastructure Trust has a one year low of $19.60 and a one year high of $22.90.
Insider Buying and Selling at Blackstone Digital Infrastructure Trust
In related news, Director Diane M. Morefield acquired 5,000 shares of the business’s stock in a transaction on Friday, May 15th. The stock was acquired at an average cost of $20.00 per share, with a total value of $100,000.00. Following the acquisition, the director directly owned 12,500 shares in the company, valued at $250,000. This represents a 66.67% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Anthony F. Marone, Jr. acquired 10,000 shares of the business’s stock in a transaction on Friday, May 15th. The shares were bought at an average cost of $20.00 per share, with a total value of $200,000.00. Following the completion of the acquisition, the insider owned 10,000 shares in the company, valued at approximately $200,000. This represents a ? increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders bought 9,557,295 shares of company stock worth $191,145,900.
Further Reading
- Five stocks we like better than Blackstone Digital Infrastructure Trust
- Marvell Stock Soars on NVIDIA’s Trillion-Dollar Nod
- FirstCash Turns Pawn Into a Growth Machine
- HubSpot Just Crushed the Bear Case—Is a Bigger Rally Ahead?
- Aggressive Insider Buying Signals Opportunity in 3 Risky Stocks
Receive News & Ratings for Blackstone Digital Infrastructure Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackstone Digital Infrastructure Trust and related companies with MarketBeat.com's FREE daily email newsletter.
