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

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 388,376 shares, a decrease of 64.7% from the April 15th total of 1,101,463 shares. Based on an average daily volume of 1,007,248 shares, the short-interest ratio is currently 0.4 days. Approximately 0.7% of the shares of the company are sold short.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Captrust Financial Advisors increased its holdings in Global X Data Center & Digital Infrastructure ETF by 4.3% in the 4th quarter. Captrust Financial Advisors now owns 12,917 shares of the company’s stock worth $273,000 after acquiring an additional 536 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in 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 in the last quarter. Advisory Services Network LLC increased its holdings in Global X Data Center & Digital Infrastructure ETF by 7.9% in the 4th quarter. Advisory Services Network LLC now owns 11,365 shares of the company’s stock worth $240,000 after acquiring an additional 832 shares in the last quarter. Bessemer Group Inc. purchased a new stake in Global X Data Center & Digital Infrastructure ETF in the 3rd quarter worth approximately $67,000. Finally, IFC & Insurance Marketing Inc. purchased a new stake in Global X Data Center & Digital Infrastructure ETF in the 4th quarter worth approximately $83,000.

Global X Data Center & Digital Infrastructure ETF Price Performance

Shares of NASDAQ:DTCR traded down $0.95 during trading on Friday, hitting $29.66. The company’s stock had a trading volume of 1,057,102 shares, compared to its average volume of 884,684. The company has a 50-day moving average of $26.54 and a 200-day moving average of $24.06. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 30.39 and a beta of 1.15. Global X Data Center & Digital Infrastructure ETF has a 12 month low of $17.03 and a 12 month high of $31.11.

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.