Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Short Interest Down 64.7% in April

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 388,376 shares, a drop of 64.7% from the April 15th total of 1,101,463 shares. Based on an average trading volume of 1,007,248 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.7% of the company’s stock are sold short.

Institutional Investors Weigh In On Global X Data Center & Digital Infrastructure ETF

Several institutional investors have recently made changes to their positions in the company. Captrust Financial Advisors lifted its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 4.3% during the 4th quarter. Captrust Financial Advisors now owns 12,917 shares of the company’s stock valued at $273,000 after buying an additional 536 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 30.3% during the 4th quarter. Sunbelt Securities Inc. now owns 2,613 shares of the company’s stock valued at $55,000 after buying an additional 608 shares during the last quarter. Advisory Services Network LLC lifted its holdings in shares of Global X Data Center & Digital Infrastructure ETF by 7.9% during the 4th quarter. Advisory Services Network LLC now owns 11,365 shares of the company’s stock valued at $240,000 after buying an additional 832 shares during the last quarter. Bessemer Group Inc. acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF during the 3rd quarter valued at about $67,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF during the 4th quarter valued at about $83,000.

Global X Data Center & Digital Infrastructure ETF Trading Down 3.1%

NASDAQ DTCR traded down $0.95 during trading on Friday, reaching $29.66. 1,059,355 shares of the company’s stock were exchanged, compared to its average volume of 884,727. Global X Data Center & Digital Infrastructure ETF has a fifty-two week low of $17.03 and a fifty-two week high of $31.11. The firm has a market capitalization of $1.72 billion, a PE ratio of 30.39 and a beta of 1.15. The company’s fifty day simple moving average is $26.62 and its 200-day simple moving average is $24.10.

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.