First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) Short Interest Up ? in May

First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 96 shares, an increase of ? from the May 14th total of 0 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 436 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of DTRE. Citadel Advisors LLC acquired a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF during the third quarter worth about $771,000. Virtu Financial LLC acquired a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF during the third quarter worth about $469,000. Flow Traders U.S. LLC acquired a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF during the third quarter worth about $412,000. Jones Financial Companies Lllp acquired a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF during the first quarter worth about $99,000. Finally, Jane Street Group LLC lifted its stake in shares of First Trust Alerian Disruptive Technology Real Estate ETF by 33.3% during the second quarter. Jane Street Group LLC now owns 7,640 shares of the company’s stock worth $306,000 after purchasing an additional 1,910 shares in the last quarter.

First Trust Alerian Disruptive Technology Real Estate ETF Trading Up 0.4%

Shares of DTRE traded up $0.19 during midday trading on Friday, reaching $43.11. 11 shares of the company were exchanged, compared to its average volume of 616. The stock has a 50-day moving average price of $42.32 and a 200-day moving average price of $40.94. The company has a market cap of $16.81 million, a price-to-earnings ratio of 27.47 and a beta of 0.96. First Trust Alerian Disruptive Technology Real Estate ETF has a 1-year low of $38.31 and a 1-year high of $43.45.

About First Trust Alerian Disruptive Technology Real Estate ETF

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.