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

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 678,530 shares, a decrease of 38.1% from the September 30th total of 1,096,723 shares. Based on an average trading volume of 781,020 shares, the short-interest ratio is currently 0.9 days. Approximately 0.9% of the company’s stock are short sold.

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

Several large investors have recently modified their holdings of the stock. Arkadios Wealth Advisors increased its position in shares of Global X Data Center & Digital Infrastructure ETF by 5.3% during the first quarter. Arkadios Wealth Advisors now owns 14,788 shares of the company’s stock valued at $354,000 after buying an additional 745 shares during the period. North Star Investment Management Corp. bought a new position in shares of Global X Data Center & Digital Infrastructure ETF in the third quarter valued at approximately $25,000. Root Financial Partners LLC bought a new position in shares of Global X Data Center & Digital Infrastructure ETF in the third quarter valued at approximately $37,000. CoreCap Advisors LLC grew its stake in Global X Data Center & Digital Infrastructure ETF by 5.0% during the second quarter. CoreCap Advisors LLC now owns 32,808 shares of the company’s stock valued at $996,000 after acquiring an additional 1,577 shares in the last quarter. Finally, Continuum Advisory LLC purchased a new position in Global X Data Center & Digital Infrastructure ETF during the second quarter valued at approximately $88,000.

Global X Data Center & Digital Infrastructure ETF Price Performance

NASDAQ:DTCR opened at $25.25 on Tuesday. Global X Data Center & Digital Infrastructure ETF has a one year low of $19.25 and a one year high of $32.79. The company has a market cap of $1.87 billion, a PE ratio of 30.39 and a beta of 1.17. The firm has a 50-day moving average of $27.25 and a 200-day moving average of $27.46.

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.