Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Short Interest Down 86.5% in May

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 154,850 shares, a decline of 86.5% from the May 14th total of 1,149,984 shares. Based on an average daily trading volume, of 1,226,912 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.3% of the company’s shares are sold short.

Global X Data Center & Digital Infrastructure ETF Stock Performance

Shares of NASDAQ DTCR traded up $1.07 during trading on Thursday, reaching $31.09. The stock had a trading volume of 1,021,130 shares, compared to its average volume of 958,645. Global X Data Center & Digital Infrastructure ETF has a fifty-two week low of $17.85 and a fifty-two week high of $32.79. The business’s 50-day moving average price is $28.91 and its 200-day moving average price is $25.30. The company has a market cap of $1.81 billion, a P/E ratio of 30.39 and a beta of 1.16.

Institutional Investors Weigh In On Global X Data Center & Digital Infrastructure ETF

A number of institutional investors have recently modified their holdings of the company. Arkadios Wealth Advisors grew its stake in shares of Global X Data Center & Digital Infrastructure ETF by 5.3% in the first quarter. Arkadios Wealth Advisors now owns 14,788 shares of the company’s stock valued at $354,000 after buying an additional 745 shares in the last quarter. S. R. Schill & Associates acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the first quarter valued at $4,549,000. Ascentis Independent Advisors acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the first quarter valued at $1,401,000. Janney Montgomery Scott LLC grew its stake in shares of Global X Data Center & Digital Infrastructure ETF by 38.3% in the first 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. Finally, AdvisorNet Financial Inc grew its stake in shares of Global X Data Center & Digital Infrastructure ETF by 112.8% in the first 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.

About Global X Data Center & Digital Infrastructure ETF

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.