Short Interest in Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Drops By 25.2%

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) was the recipient of a large drop in short interest in February. As of February 27th, there was short interest totaling 621,895 shares, a drop of 25.2% from the February 12th total of 831,380 shares. Based on an average daily trading volume, of 765,895 shares, the days-to-cover ratio is presently 0.8 days. Currently, 1.4% of the shares of the company are short sold. Currently, 1.4% of the shares of the company are short sold. Based on an average daily trading volume, of 765,895 shares, the days-to-cover ratio is presently 0.8 days.

Global X Data Center & Digital Infrastructure ETF Trading Up 0.5%

Shares of DTCR stock traded up $0.12 during trading on Friday, hitting $25.00. The company’s stock had a trading volume of 475,011 shares, compared to its average volume of 822,094. The company has a market cap of $1.13 billion, a PE ratio of 30.39 and a beta of 1.00. The business has a fifty day moving average of $24.58 and a 200-day moving average of $22.13. Global X Data Center & Digital Infrastructure ETF has a 52 week low of $14.10 and a 52 week high of $26.73.

Global X Data Center & Digital Infrastructure ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were paid a $0.1352 dividend. This represents a yield of 127.0%. The ex-dividend date was Tuesday, December 30th.

Institutional Investors Weigh In On Global X Data Center & Digital Infrastructure ETF

Large investors have recently made changes to their positions in the business. 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 worth $55,000 after buying an additional 608 shares during the last quarter. Advisory Services Network LLC increased its holdings in Global X Data Center & Digital Infrastructure ETF by 7.9% during the fourth quarter. Advisory Services Network LLC now owns 11,365 shares of the company’s stock worth $240,000 after buying an additional 832 shares during the last quarter. Captrust Financial Advisors increased its holdings in Global X Data Center & Digital Infrastructure ETF by 4.3% during the fourth quarter. Captrust Financial Advisors now owns 12,917 shares of the company’s stock worth $273,000 after buying an additional 536 shares during the last quarter. Financial Freedom LLC raised its position in Global X Data Center & Digital Infrastructure ETF by 29.0% in the fourth quarter. Financial Freedom LLC now owns 163,522 shares of the company’s stock worth $3,450,000 after acquiring an additional 36,714 shares during the period. Finally, Arkadios Wealth Advisors bought a new stake in Global X Data Center & Digital Infrastructure ETF in the fourth quarter worth about $296,000.

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.