iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) Short Interest Update

iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 31,264 shares, a decrease of 43.1% from the May 31st total of 54,987 shares. Based on an average daily volume of 45,541 shares, the short-interest ratio is presently 0.7 days. Approximately 1.4% of the company’s shares are sold short.

iShares U.S. Digital Infrastructure and Real Estate ETF Trading Down 2.0%

IDGT stock traded down $2.38 during mid-day trading on Wednesday, reaching $117.36. The company’s stock had a trading volume of 69,275 shares, compared to its average volume of 40,419. The company has a market cap of $269.93 million, a price-to-earnings ratio of 32.93 and a beta of 1.14. The business’s 50 day moving average price is $121.95 and its 200 day moving average price is $103.75. iShares U.S. Digital Infrastructure and Real Estate ETF has a 12 month low of $81.06 and a 12 month high of $133.05.

Hedge Funds Weigh In On iShares U.S. Digital Infrastructure and Real Estate ETF

Several institutional investors have recently made changes to their positions in IDGT. Janney Montgomery Scott LLC grew its stake in shares of iShares U.S. Digital Infrastructure and Real Estate ETF by 3.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 4,667 shares of the company’s stock valued at $456,000 after buying an additional 177 shares during the period. Sunbelt Securities Inc. raised its position 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 valued at $163,000 after buying an additional 1,857 shares during the last quarter. Finally, Captrust Financial Advisors purchased a new stake in shares of iShares U.S. Digital Infrastructure and Real Estate ETF in the second quarter valued at about $223,000.

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.