DJ Brookfield Global Infrastructure ETF (NYSEARCA:TOLZ) Short Interest Up 861.4% in May

DJ Brookfield Global Infrastructure ETF (NYSEARCA:TOLZ) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 39,359 shares, an increase of 861.4% from the May 14th total of 4,094 shares. Currently, 1.4% of the shares of the company are short sold. Based on an average daily trading volume, of 14,469 shares, the days-to-cover ratio is currently 2.7 days.

DJ Brookfield Global Infrastructure ETF Stock Up 0.5%

Shares of TOLZ opened at $60.89 on Friday. The company has a 50-day simple moving average of $60.63 and a 200-day simple moving average of $58.32. The company has a market capitalization of $175.36 million, a PE ratio of 19.43 and a beta of 0.62. DJ Brookfield Global Infrastructure ETF has a 52-week low of $52.39 and a 52-week high of $62.22.

Hedge Funds Weigh In On DJ Brookfield Global Infrastructure ETF

A hedge fund recently bought a new stake in DJ Brookfield Global Infrastructure ETF stock. First Citizens Asset Management Inc. purchased a new stake in DJ Brookfield Global Infrastructure ETF (NYSEARCA:TOLZ) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 3,655 shares of the company’s stock, valued at approximately $219,000. DJ Brookfield Global Infrastructure ETF makes up about 0.1% of First Citizens Asset Management Inc.’s investment portfolio, making the stock its 27th biggest holding. First Citizens Asset Management Inc. owned 0.13% of DJ Brookfield Global Infrastructure ETF at the end of the most recent quarter.

About DJ Brookfield Global Infrastructure ETF

The ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of companies that derive more than 70% of cash flows from infrastructure-related businesses. TOLZ was launched on Mar 25, 2014 and is managed by ProShares.