iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) Short Interest Down 84.8% in July

iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 15,262 shares, a decrease of 84.8% from the June 30th total of 100,168 shares. Based on an average daily volume of 35,184 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the company’s stock are short sold.

iShares U.S. Digital Infrastructure and Real Estate ETF Price Performance

NYSEARCA IDGT traded up $0.19 during trading hours on Friday, hitting $114.30. The company had a trading volume of 114,811 shares, compared to its average volume of 40,043. iShares U.S. Digital Infrastructure and Real Estate ETF has a fifty-two week low of $81.12 and a fifty-two week high of $133.05. The company has a market capitalization of $485.77 million, a price-to-earnings ratio of 32.93 and a beta of 1.15. The firm’s 50 day moving average is $121.09 and its 200 day moving average is $107.23.

Institutional Investors Weigh In On iShares U.S. Digital Infrastructure and Real Estate ETF

A number of large investors have recently modified their holdings of the stock. Captrust Financial Advisors purchased a new stake in shares of iShares U.S. Digital Infrastructure and Real Estate ETF during the 2nd quarter valued at about $223,000. Sunbelt Securities Inc. boosted its holdings in iShares U.S. Digital Infrastructure and Real Estate ETF by 7,428.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,882 shares of the company’s stock worth $163,000 after acquiring an additional 1,857 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in iShares U.S. Digital Infrastructure and Real Estate ETF by 3.9% in the first quarter. Janney Montgomery Scott LLC now owns 4,667 shares of the company’s stock valued at $456,000 after acquiring an additional 177 shares in the last quarter.

iShares U.S. Digital Infrastructure and Real Estate ETF Company Profile

The iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index of 50 US stocks involved in data centers, telecommunication towers, and related equipment. The fund uses a tiered approach in selection and weighting. IDGT was launched on Jul 10, 2001 and is issued by BlackRock.