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

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

Hedge Funds Weigh In On Global X Data Center & Digital Infrastructure ETF

Several institutional investors have recently bought and sold shares of the stock. Sunbelt Securities Inc. lifted its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 30.3% in the 4th quarter. Sunbelt Securities Inc. now owns 2,613 shares of the company’s stock worth $55,000 after acquiring an additional 608 shares during the last quarter. Bessemer Group Inc. purchased a new stake in shares of Global X Data Center & Digital Infrastructure ETF during the third quarter valued at $67,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Global X Data Center & Digital Infrastructure ETF during the fourth quarter valued at $83,000. Private Trust Co. NA boosted its stake in shares of Global X Data Center & Digital Infrastructure ETF by 620.3% during the fourth quarter. Private Trust Co. NA now owns 5,928 shares of the company’s stock valued at $125,000 after purchasing an additional 5,105 shares during the period. Finally, Copia Wealth Management purchased a new stake in shares of Global X Data Center & Digital Infrastructure ETF during the fourth quarter valued at $203,000.

Global X Data Center & Digital Infrastructure ETF Trading Down 2.4%

Global X Data Center & Digital Infrastructure ETF stock traded down $0.74 during midday trading on Wednesday, hitting $30.17. The stock had a trading volume of 769,670 shares, compared to its average volume of 955,779. Global X Data Center & Digital Infrastructure ETF has a 52-week low of $17.85 and a 52-week high of $32.79. The firm’s fifty day moving average is $28.77 and its two-hundred day moving average is $25.22. The company has a market capitalization of $1.75 billion, a PE ratio of 30.39 and a beta of 1.16.

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.