Global X Data Center REITs & Digital Infrastructure ETF (NASDAQ:VPN) Sees Large Decrease in Short Interest

Global X Data Center REITs & Digital Infrastructure ETF (NASDAQ:VPN) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 15,300 shares, a decline of 46.1% from the February 29th total of 28,400 shares. Based on an average trading volume of 28,000 shares, the short-interest ratio is presently 0.5 days.

Global X Data Center REITs & Digital Infrastructure ETF Stock Up 1.5 %

NASDAQ VPN opened at $15.58 on Thursday. The company has a 50-day simple moving average of $15.13 and a two-hundred day simple moving average of $14.08. Global X Data Center REITs & Digital Infrastructure ETF has a 12-month low of $11.86 and a 12-month high of $16.36. The firm has a market cap of $55.14 million, a price-to-earnings ratio of 42.47 and a beta of 0.91.

Institutional Trading of Global X Data Center REITs & Digital Infrastructure ETF

A hedge fund recently bought a new stake in Global X Data Center REITs & Digital Infrastructure ETF stock. Lazard Asset Management LLC bought a new position in shares of Global X Data Center REITs & Digital Infrastructure ETF (NASDAQ:VPN) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,000 shares of the company’s stock, valued at approximately $54,000. Lazard Asset Management LLC owned 0.18% of Global X Data Center REITs & Digital Infrastructure ETF at the end of the most recent quarter.

About Global X Data Center REITs & Digital Infrastructure ETF

The Global X Data Center REITs & Digital Infrastructure ETF (VPN) 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. VPN was launched on Oct 27, 2020 and is managed by Global X.