Short Interest in Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Expands By 196.1%

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 1,149,984 shares, an increase of 196.1% from the April 30th total of 388,376 shares. Currently, 2.0% of the company’s stock are sold short. Based on an average trading volume of 1,475,844 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of Global X Data Center & Digital Infrastructure ETF

Several large investors have recently made changes to their positions in the stock. Arkadios Wealth Advisors lifted its position in Global X Data Center & Digital Infrastructure ETF by 5.3% during the 1st quarter. Arkadios Wealth Advisors now owns 14,788 shares of the company’s stock worth $354,000 after acquiring an additional 745 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in Global X Data Center & Digital Infrastructure ETF by 38.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 17,577 shares of the company’s stock worth $421,000 after acquiring an additional 4,871 shares during the last quarter. S. R. Schill & Associates acquired a new position in Global X Data Center & Digital Infrastructure ETF during the 1st quarter worth $4,549,000. Ascentis Independent Advisors acquired a new position in Global X Data Center & Digital Infrastructure ETF during the 1st quarter worth $1,401,000. Finally, AdvisorNet Financial Inc lifted its position in Global X Data Center & Digital Infrastructure ETF by 112.8% during the 1st quarter. AdvisorNet Financial Inc now owns 11,595 shares of the company’s stock worth $278,000 after acquiring an additional 6,145 shares during the last quarter.

Global X Data Center & Digital Infrastructure ETF Stock Performance

Shares of DTCR traded down $0.06 during trading hours on Friday, hitting $31.59. 1,379,643 shares of the company were exchanged, compared to its average volume of 916,597. The company has a market cap of $1.84 billion, a PE ratio of 30.39 and a beta of 1.15. The firm’s 50 day moving average is $27.73 and its 200-day moving average is $24.69. Global X Data Center & Digital Infrastructure ETF has a 52 week low of $17.03 and a 52 week high of $31.87.

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.