First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) Sees Significant Growth in Short Interest

First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 34 shares, a growth of ∞ from the June 15th total of 0 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 426 shares, the short-interest ratio is currently 0.1 days.

First Trust Alerian Disruptive Technology Real Estate ETF Price Performance

Shares of NYSEARCA:DTRE traded up $0.08 during midday trading on Friday, reaching $43.50. The company’s stock had a trading volume of 485 shares, compared to its average volume of 571. The business’s fifty day simple moving average is $42.43 and its 200-day simple moving average is $41.38. First Trust Alerian Disruptive Technology Real Estate ETF has a fifty-two week low of $38.31 and a fifty-two week high of $43.51. The company has a market capitalization of $14.79 million, a P/E ratio of 27.47 and a beta of 0.97.

Institutional Investors Weigh In On First Trust Alerian Disruptive Technology Real Estate ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DTRE. CIBC Private Wealth Group LLC bought a new position in First Trust Alerian Disruptive Technology Real Estate ETF in the 3rd quarter worth approximately $31,000. Kestra Advisory Services LLC bought a new position in First Trust Alerian Disruptive Technology Real Estate ETF during the 4th quarter worth approximately $33,000. Osaic Holdings Inc. raised its stake in First Trust Alerian Disruptive Technology Real Estate ETF by 64.1% during the 2nd quarter. Osaic Holdings Inc. now owns 1,055 shares of the company’s stock worth $42,000 after buying an additional 412 shares during the period. Jones Financial Companies Lllp acquired a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF in the 1st quarter valued at approximately $99,000. Finally, Susquehanna International Group LLP increased its stake in First Trust Alerian Disruptive Technology Real Estate ETF by 8.7% during the 3rd quarter. Susquehanna International Group LLP now owns 6,864 shares of the company’s stock worth $271,000 after purchasing an additional 551 shares in the last quarter.

First Trust Alerian Disruptive Technology Real Estate ETF Company Profile

The First Trust Alerian Disruptive Technology Real Estate ETF (DTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of real estate stocks that support wired and wireless communication, data infrastructure, warehouses, and fulfillment centers. Selection and weighting of securities are based on three-month average trading values. DTRE was launched on Oct 3, 2022 and is managed by First Trust.