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

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 42,600 shares, a decrease of 71.4% from the March 15th total of 148,800 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 245,100 shares, the days-to-cover ratio is currently 0.2 days.

Global X Data Center & Digital Infrastructure ETF Stock Up 0.7 %

DTCR stock traded up $0.11 during midday trading on Tuesday, hitting $15.72. 11,869 shares of the company traded hands, compared to its average volume of 120,589. The business has a 50 day simple moving average of $17.08 and a 200-day simple moving average of $17.11. Global X Data Center & Digital Infrastructure ETF has a twelve month low of $13.80 and a twelve month high of $19.49. The stock has a market capitalization of $219.07 million, a price-to-earnings ratio of 24.19 and a beta of 1.00.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Anderson Financial Strategies LLC acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the fourth quarter valued at about $1,434,000. Archford Capital Strategies LLC bought a new stake in Global X Data Center & Digital Infrastructure ETF during the 4th quarter valued at approximately $408,000. Crestwood Advisors Group LLC bought a new position in Global X Data Center & Digital Infrastructure ETF in the 4th quarter worth approximately $223,000. Captrust Financial Advisors increased its position in Global X Data Center & Digital Infrastructure ETF by 29.1% in the 4th quarter. Captrust Financial Advisors now owns 13,074 shares of the company’s stock worth $216,000 after buying an additional 2,949 shares during the period. Finally, Creative Financial Designs Inc. ADV acquired a new position in shares of Global X Data Center & Digital Infrastructure ETF during the fourth quarter worth approximately $194,000.

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.