Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC) Short Interest Up ∞ in May

Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 509,328 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average daily volume of 1,220,224 shares, the short-interest ratio is currently 0.4 days.

Blackstone Digital Infrastructure Trust Stock Performance

Blackstone Digital Infrastructure Trust stock traded down $0.27 during midday trading on Wednesday, reaching $21.63. 158,165 shares of the stock traded hands, compared to its average volume of 1,524,242. Blackstone Digital Infrastructure Trust has a 12-month low of $19.60 and a 12-month high of $22.90.

Insider Activity

In related news, Director Katharine A. Keenan acquired 25,000 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was purchased at an average price of $20.00 per share, with a total value of $500,000.00. Following the transaction, the director owned 25,000 shares of the company’s stock, valued at approximately $500,000. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Diane M. Morefield acquired 5,000 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average cost of $20.00 per share, with a total value of $100,000.00. Following the transaction, the director directly owned 12,500 shares in the company, valued at $250,000. This trade represents a 66.67% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 9,557,295 shares of company stock worth $191,145,900 in the last three months.