First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) Short Interest Up ∞ in May

First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 96 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average daily trading volume, of 436 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

First Trust Alerian Disruptive Technology Real Estate ETF Stock Up 0.4%

NYSEARCA:DTRE traded up $0.19 during trading hours on Friday, reaching $43.11. 11 shares of the stock were exchanged, compared to its average volume of 616. The firm has a 50 day simple moving average of $42.32 and a 200-day simple moving average of $40.94. First Trust Alerian Disruptive Technology Real Estate ETF has a 52 week low of $38.31 and a 52 week high of $43.45. The stock has a market capitalization of $16.81 million, a P/E ratio of 27.47 and a beta of 0.96.

Institutional Trading of First Trust Alerian Disruptive Technology Real Estate ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC acquired a new stake in shares of First Trust Alerian Disruptive Technology Real Estate ETF during the 3rd quarter worth approximately $412,000. Citadel Advisors LLC acquired a new stake in shares of First Trust Alerian Disruptive Technology Real Estate ETF during the 3rd quarter worth approximately $771,000. Raymond James Financial Inc. raised its position in shares of First Trust Alerian Disruptive Technology Real Estate ETF by 3.6% during the 3rd quarter. Raymond James Financial Inc. now owns 17,642 shares of the company’s stock worth $697,000 after purchasing an additional 606 shares during the period. Virtu Financial LLC acquired a new stake in shares of First Trust Alerian Disruptive Technology Real Estate ETF during the 3rd quarter worth approximately $469,000. Finally, Susquehanna International Group LLP raised 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 worth $271,000 after purchasing an additional 551 shares during the period.

About First Trust Alerian Disruptive Technology Real Estate ETF

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.