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

First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) saw a significant increase in short interest in October. As of October 30th, there was short interest totaling 120 shares, an increase of 500.0% from the October 15th total of 20 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 404 shares, the short-interest ratio is currently 0.3 days.

First Trust Alerian Disruptive Technology Real Estate ETF Price Performance

Shares of First Trust Alerian Disruptive Technology Real Estate ETF stock traded up $0.11 during trading hours on Friday, hitting $42.15. 1,183 shares of the company’s stock traded hands, compared to its average volume of 515. First Trust Alerian Disruptive Technology Real Estate ETF has a 12-month low of $38.31 and a 12-month high of $43.56. The company has a fifty day simple moving average of $41.19 and a 200-day simple moving average of $41.74. The stock has a market capitalization of $14.33 million, a price-to-earnings ratio of 25.30 and a beta of 0.95.

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.