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

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in DTCR. Bessemer Group Inc. bought a new position in Global X Data Center & Digital Infrastructure ETF in the third quarter worth about $67,000. Flow Traders U.S. LLC raised its holdings in Global X Data Center & Digital Infrastructure ETF by 99.2% in the third quarter. Flow Traders U.S. LLC now owns 93,694 shares of the company’s stock worth $1,919,000 after purchasing an additional 46,658 shares in the last quarter. IFP Advisors Inc raised its holdings in Global X Data Center & Digital Infrastructure ETF by 342.9% in the third quarter. IFP Advisors Inc now owns 20,431 shares of the company’s stock worth $418,000 after purchasing an additional 15,818 shares in the last quarter. Nations Financial Group Inc. IA ADV bought a new position in Global X Data Center & Digital Infrastructure ETF in the fourth quarter worth about $304,000. Finally, Private Trust Co. NA raised its holdings in Global X Data Center & Digital Infrastructure ETF by 620.3% in the fourth quarter. Private Trust Co. NA now owns 5,928 shares of the company’s stock worth $125,000 after purchasing an additional 5,105 shares in the last quarter.

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

Shares of DTCR stock traded down $0.74 on Wednesday, hitting $30.17. The stock had a trading volume of 769,670 shares, compared to its average volume of 955,779. The business has a 50 day moving average price of $28.77 and a 200 day moving average price of $25.22. The company has a market cap of $1.75 billion, a PE ratio of 30.39 and a beta of 1.16. Global X Data Center & Digital Infrastructure ETF has a one year low of $17.85 and a one year high of $32.79.

Global X Data Center & Digital Infrastructure ETF Company Profile

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.