Short Interest in DJ Brookfield Global Infrastructure ETF (NYSEARCA:TOLZ) Drops By 42.0%

DJ Brookfield Global Infrastructure ETF (NYSEARCA:TOLZ) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 22,728 shares, a drop of 42.0% from the July 30th total of 39,193 shares. Based on an average trading volume of 6,040 shares, the short-interest ratio is presently 3.8 days. Approximately 0.8% of the shares of the company are short sold.

Institutional Investors Weigh In On DJ Brookfield Global Infrastructure ETF

An institutional investor recently bought a new stake in DJ Brookfield Global Infrastructure ETF stock. Glenmede Trust Co. NA acquired a new position in shares of DJ Brookfield Global Infrastructure ETF (NYSEARCA:TOLZ) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,565 shares of the company’s stock, valued at approximately $214,000. Glenmede Trust Co. NA owned 0.12% of DJ Brookfield Global Infrastructure ETF at the end of the most recent quarter.

DJ Brookfield Global Infrastructure ETF Stock Up 0.3%

Shares of NYSEARCA:TOLZ opened at $58.93 on Wednesday. The company’s 50-day moving average price is $59.64 and its 200 day moving average price is $60.25. The company has a market cap of $173.84 million, a PE ratio of 19.43 and a beta of 0.62. DJ Brookfield Global Infrastructure ETF has a fifty-two week low of $52.39 and a fifty-two week high of $62.22.

DJ Brookfield Global Infrastructure ETF Company Profile

The ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of companies that derive more than 70% of cash flows from infrastructure-related businesses. TOLZ was launched on Mar 25, 2014 and is managed by ProShares.