First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) Sees Large Increase in Short Interest

First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 3 shares, a growth of 200.0% from the September 15th total of 1 shares. Based on an average daily volume of 473 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

First Trust Alerian Disruptive Technology Real Estate ETF Stock Down 0.0%

Shares of NYSEARCA:DTRE opened at $41.06 on Wednesday. The firm’s 50 day moving average price is $41.72 and its 200-day moving average price is $42.04. 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 $13.96 million, a PE ratio of 27.47 and a beta of 0.96.

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.