Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Short Interest Up 139.9% in April

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 102,200 shares, a growth of 139.9% from the March 31st total of 42,600 shares. Based on an average trading volume of 215,700 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.8% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. purchased a new stake in Global X Data Center & Digital Infrastructure ETF during the 3rd quarter valued at $26,000. SBI Securities Co. Ltd. purchased a new stake in shares of Global X Data Center & Digital Infrastructure ETF during the 4th quarter valued at about $51,000. Creative Financial Designs Inc. ADV purchased a new position in shares of Global X Data Center & Digital Infrastructure ETF during the fourth quarter valued at approximately $194,000. Archford Capital Strategies LLC bought a new position in Global X Data Center & Digital Infrastructure ETF during the fourth quarter valued at approximately $408,000. Finally, Crestwood Advisors Group LLC purchased a new stake in Global X Data Center & Digital Infrastructure ETF in the fourth quarter worth approximately $223,000.

Global X Data Center & Digital Infrastructure ETF Price Performance

DTCR traded down $0.10 on Monday, hitting $16.02. The company had a trading volume of 41,039 shares, compared to its average volume of 122,524. The stock has a fifty day simple moving average of $16.70 and a 200-day simple moving average of $17.00. The firm has a market capitalization of $215.31 million, a P/E ratio of 24.19 and a beta of 1.00. Global X Data Center & Digital Infrastructure ETF has a 52-week low of $14.00 and a 52-week high of $19.49.

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.