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 recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 20 shares, an increase of 566.7% from the September 30th total of 3 shares. Based on an average daily trading volume, of 787 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

First Trust Alerian Disruptive Technology Real Estate ETF Stock Performance

NYSEARCA:DTRE traded down $0.32 during trading hours on Wednesday, hitting $40.89. The company’s stock had a trading volume of 110 shares, compared to its average volume of 517. First Trust Alerian Disruptive Technology Real Estate ETF has a 52-week low of $38.31 and a 52-week high of $43.56. The business’s 50-day moving average is $41.35 and its two-hundred day moving average is $41.62. The company has a market capitalization of $13.90 million, a PE ratio of 27.47 and a beta of 0.96.

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.