Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Sees Large Decrease in Short Interest

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 388,376 shares, a decrease of 64.7% from the April 15th total of 1,101,463 shares. Based on an average daily trading volume, of 1,007,248 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.7% of the company’s shares are sold short.

Institutional Trading of Global X Data Center & Digital Infrastructure ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. S. R. Schill & Associates purchased a new stake in shares of Global X Data Center & Digital Infrastructure ETF during the first quarter valued at $4,549,000. Ascentis Independent Advisors purchased a new position in Global X Data Center & Digital Infrastructure ETF in the 1st quarter worth about $1,401,000. Janney Montgomery Scott LLC lifted its holdings in Global X Data Center & Digital Infrastructure ETF by 38.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 17,577 shares of the company’s stock valued at $421,000 after buying an additional 4,871 shares in the last quarter. AdvisorNet Financial Inc lifted its holdings in Global X Data Center & Digital Infrastructure ETF by 112.8% during the 1st quarter. AdvisorNet Financial Inc now owns 11,595 shares of the company’s stock valued at $278,000 after buying an additional 6,145 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its position in Global X Data Center & Digital Infrastructure ETF by 34.2% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 19,330 shares of the company’s stock valued at $463,000 after buying an additional 4,931 shares during the period.

Global X Data Center & Digital Infrastructure ETF Trading Down 0.4%

Shares of DTCR stock traded down $0.13 on Thursday, reaching $30.61. 1,463,022 shares of the company’s stock were exchanged, compared to its average volume of 882,811. The company’s fifty day simple moving average is $26.42 and its 200 day simple moving average is $24.00. Global X Data Center & Digital Infrastructure ETF has a 52 week low of $17.03 and a 52 week high of $31.11. The stock has a market capitalization of $1.78 billion, a PE ratio of 30.39 and a beta of 1.15.

Global X Data Center & Digital Infrastructure ETF Company Profile

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.