First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) Sees Significant 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 the month of October. As of October 30th, there was short interest totaling 120 shares, an increase of 500.0% from the October 15th total of 20 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 404 shares, the short-interest ratio is presently 0.3 days.

First Trust Alerian Disruptive Technology Real Estate ETF Stock Performance

DTRE traded down $0.21 during trading on Wednesday, reaching $42.08. The company’s stock had a trading volume of 149 shares, compared to its average volume of 514. 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 company’s fifty day moving average price is $41.18 and its 200-day moving average price is $41.71. The company has a market capitalization of $14.38 million, a price-to-earnings ratio of 25.30 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.