Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Sees Significant Decline in Short Interest

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) was the target of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 621,895 shares, a drop of 25.2% from the February 12th total of 831,380 shares. Based on an average daily volume of 765,895 shares, the days-to-cover ratio is currently 0.8 days. Approximately 1.4% of the company’s shares are short sold. Approximately 1.4% of the company’s shares are short sold. Based on an average daily volume of 765,895 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Financial Freedom LLC lifted its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 29.0% during the 4th quarter. Financial Freedom LLC now owns 163,522 shares of the company’s stock worth $3,450,000 after acquiring an additional 36,714 shares during the period. Flow Traders U.S. LLC increased its position in Global X Data Center & Digital Infrastructure ETF by 99.2% during the third quarter. Flow Traders U.S. LLC now owns 93,694 shares of the company’s stock worth $1,919,000 after purchasing an additional 46,658 shares during the last quarter. ORG Partners LLC acquired a new position in Global X Data Center & Digital Infrastructure ETF during the third quarter worth approximately $1,437,000. IFP Advisors Inc raised its stake in Global X Data Center & Digital Infrastructure ETF by 342.9% during the third quarter. IFP Advisors Inc now owns 20,431 shares of the company’s stock worth $418,000 after purchasing an additional 15,818 shares during the period. Finally, High Point Wealth Management LLC purchased a new position in Global X Data Center & Digital Infrastructure ETF during the fourth quarter worth approximately $352,000.

Global X Data Center & Digital Infrastructure ETF Stock Up 1.0%

Shares of NASDAQ:DTCR traded up $0.25 during midday trading on Monday, reaching $25.25. The company’s stock had a trading volume of 527,726 shares, compared to its average volume of 816,203. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of 30.39 and a beta of 1.00. The business has a 50 day moving average price of $24.58 and a 200 day moving average price of $22.17. Global X Data Center & Digital Infrastructure ETF has a 1 year low of $14.10 and a 1 year high of $26.73.

Global X Data Center & Digital Infrastructure ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were paid a $0.1352 dividend. This represents a yield of 127.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

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.