Short Interest in First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) Declines By 52.9%

First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 16 shares, a drop of 52.9% from the June 30th total of 34 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 338 shares, the days-to-cover ratio is presently 0.0 days.

First Trust Alerian Disruptive Technology Real Estate ETF Stock Performance

Shares of NYSEARCA DTRE traded up $0.02 during mid-day trading on Thursday, reaching $43.56. The company had a trading volume of 383 shares, compared to its average volume of 544. First Trust Alerian Disruptive Technology Real Estate ETF has a twelve month low of $38.31 and a twelve month high of $43.56. The stock has a market capitalization of $14.81 million, a PE ratio of 27.47 and a beta of 0.97. The stock’s 50 day moving average is $42.57 and its 200-day moving average is $41.64.

Institutional Investors Weigh In On First Trust Alerian Disruptive Technology Real Estate ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. CIBC Private Wealth Group LLC acquired a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF during the third quarter worth approximately $31,000. Kestra Advisory Services LLC acquired a new position in First Trust Alerian Disruptive Technology Real Estate ETF in the 4th quarter valued at approximately $33,000. Osaic Holdings Inc. raised its holdings in First Trust Alerian Disruptive Technology Real Estate ETF by 64.1% in the 2nd quarter. Osaic Holdings Inc. now owns 1,055 shares of the company’s stock valued at $42,000 after acquiring an additional 412 shares in the last quarter. Jones Financial Companies Lllp bought a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF during the 1st quarter worth about $99,000. Finally, Susquehanna International Group LLP boosted its position in shares of First Trust Alerian Disruptive Technology Real Estate ETF by 8.7% during the 3rd quarter. Susquehanna International Group LLP now owns 6,864 shares of the company’s stock valued at $271,000 after acquiring an additional 551 shares in the last quarter.

First Trust Alerian Disruptive Technology Real Estate ETF Company Profile

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.