DJ Brookfield Global Infrastructure ETF (NYSEARCA:TOLZ) Sees Significant Decrease in Short Interest

DJ Brookfield Global Infrastructure ETF (NYSEARCA:TOLZ) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 16,968 shares, a drop of 48.4% from the June 15th total of 32,883 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 43,397 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of DJ Brookfield Global Infrastructure ETF

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

DJ Brookfield Global Infrastructure ETF Stock Performance

Shares of NYSEARCA TOLZ traded down $0.29 during trading on Wednesday, hitting $60.13. 4,874 shares of the company traded hands, compared to its average volume of 24,705. The business’s fifty day moving average is $60.34 and its 200 day moving average is $59.23. DJ Brookfield Global Infrastructure ETF has a fifty-two week low of $52.39 and a fifty-two week high of $62.22. The firm has a market capitalization of $194.22 million, a price-to-earnings ratio of 19.43 and a beta of 0.62.

About DJ Brookfield Global Infrastructure ETF

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.