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 increase in short interest during the month of June. As of June 30th, there was short interest totaling 34 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 426 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

First Trust Alerian Disruptive Technology Real Estate ETF Stock Up 0.2%

DTRE stock opened at $43.50 on Friday. First Trust Alerian Disruptive Technology Real Estate ETF has a 12-month low of $38.31 and a 12-month high of $43.51. The company’s fifty day simple moving average is $42.44 and its 200 day simple moving average is $41.39. The firm has a market cap of $14.79 million, a price-to-earnings ratio of 27.47 and a beta of 0.97.

Institutional Trading of First Trust Alerian Disruptive Technology Real Estate ETF

Several institutional investors and hedge funds have recently modified their holdings of DTRE. Jones Financial Companies Lllp purchased a new position in First Trust Alerian Disruptive Technology Real Estate ETF in the first quarter valued at approximately $99,000. Raymond James Financial Inc. grew its position in shares of First Trust Alerian Disruptive Technology Real Estate ETF by 10.6% in the 2nd quarter. Raymond James Financial Inc. now owns 17,036 shares of the company’s stock worth $683,000 after buying an additional 1,638 shares during the last quarter. Jane Street Group LLC increased its position in First Trust Alerian Disruptive Technology Real Estate ETF by 33.3% during the 2nd quarter. Jane Street Group LLC now owns 7,640 shares of the company’s stock valued at $306,000 after purchasing an additional 1,910 shares during the period. Osaic Holdings Inc. increased its position in shares of First Trust Alerian Disruptive Technology Real Estate ETF by 64.1% during the second quarter. Osaic Holdings Inc. now owns 1,055 shares of the company’s stock valued at $42,000 after buying an additional 412 shares during the period. Finally, Virtu Financial LLC bought a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF in the 3rd quarter worth approximately $469,000.

First Trust Alerian Disruptive Technology Real Estate ETF Company Profile

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.