Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Short Interest Up 259.9% in July

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 202,274 shares, an increase of 259.9% from the June 30th total of 56,207 shares. Based on an average trading volume of 2,029,466 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.3% of the company’s stock are sold short.

Global X Data Center & Digital Infrastructure ETF Price Performance

Shares of NASDAQ DTCR traded down $0.22 during midday trading on Tuesday, hitting $27.47. 372,187 shares of the company’s stock were exchanged, compared to its average volume of 1,096,674. The firm’s fifty day simple moving average is $30.09 and its 200-day simple moving average is $27.28. The company has a market cap of $2.10 billion, a PE ratio of 30.39 and a beta of 1.16. Global X Data Center & Digital Infrastructure ETF has a twelve month low of $18.13 and a twelve month high of $32.79.

Global X Data Center & Digital Infrastructure ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were paid a $0.1125 dividend. The ex-dividend date was Monday, June 29th.

Institutional Trading of Global X Data Center & Digital Infrastructure ETF

Several institutional investors have recently modified their holdings of DTCR. Sunbelt Securities Inc. boosted its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 30.3% in the 4th quarter. Sunbelt Securities Inc. now owns 2,613 shares of the company’s stock valued at $55,000 after buying an additional 608 shares in the last quarter. IFC & Insurance Marketing Inc. acquired a new stake in Global X Data Center & Digital Infrastructure ETF during the 4th quarter worth $83,000. Private Trust Co. NA raised its stake in Global X Data Center & Digital Infrastructure ETF by 620.3% during the 4th quarter. Private Trust Co. NA now owns 5,928 shares of the company’s stock worth $125,000 after acquiring an additional 5,105 shares in the last quarter. Copia Wealth Management purchased a new stake in Global X Data Center & Digital Infrastructure ETF in the fourth quarter valued at $203,000. Finally, Advisory Services Network LLC lifted its position in Global X Data Center & Digital Infrastructure ETF by 7.9% in the fourth quarter. Advisory Services Network LLC now owns 11,365 shares of the company’s stock valued at $240,000 after acquiring an additional 832 shares during the last quarter.

About Global X Data Center & Digital Infrastructure ETF

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.