Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Short Interest Down 86.5% in May

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 154,850 shares, a drop of 86.5% from the May 14th total of 1,149,984 shares. Based on an average daily volume of 1,226,912 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the shares of the stock are short sold.

Global X Data Center & Digital Infrastructure ETF Price Performance

Shares of DTCR opened at $31.09 on Friday. The firm has a 50 day simple moving average of $29.06 and a 200-day simple moving average of $25.38. Global X Data Center & Digital Infrastructure ETF has a 1-year low of $17.85 and a 1-year high of $32.79. The stock has a market cap of $1.81 billion, a price-to-earnings ratio of 30.39 and a beta of 1.16.

Institutional Trading of Global X Data Center & Digital Infrastructure ETF

A number of hedge funds have recently bought and sold shares of the company. S. R. Schill & Associates acquired a new position in shares of Global X Data Center & Digital Infrastructure ETF in the 1st quarter valued at $4,549,000. Financial Freedom LLC boosted its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 29.0% in the 4th quarter. Financial Freedom LLC now owns 163,522 shares of the company’s stock valued at $3,450,000 after purchasing an additional 36,714 shares during the last quarter. Flow Traders U.S. LLC boosted its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 99.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 93,694 shares of the company’s stock valued at $1,919,000 after purchasing an additional 46,658 shares during the last quarter. Ascentis Independent Advisors acquired a new position in shares of Global X Data Center & Digital Infrastructure ETF during the 1st quarter valued at $1,401,000. Finally, IFP Advisors Inc lifted its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 342.9% during the 3rd quarter. IFP Advisors Inc now owns 20,431 shares of the company’s stock valued at $418,000 after acquiring an additional 15,818 shares in the last quarter.

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.