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

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 621,895 shares, a decline of 25.2% from the February 12th total of 831,380 shares. Currently, 1.4% of the shares of the company are sold short. Based on an average daily volume of 765,895 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 765,895 shares, the days-to-cover ratio is currently 0.8 days. Currently, 1.4% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Sunbelt Securities Inc. increased its holdings in Global X Data Center & Digital Infrastructure ETF by 30.3% in the 4th quarter. Sunbelt Securities Inc. now owns 2,613 shares of the company’s stock worth $55,000 after acquiring an additional 608 shares during the last quarter. Advisory Services Network LLC lifted its holdings in Global X Data Center & Digital Infrastructure ETF by 7.9% during the fourth quarter. Advisory Services Network LLC now owns 11,365 shares of the company’s stock valued at $240,000 after purchasing an additional 832 shares during the last quarter. Captrust Financial Advisors boosted its position in Global X Data Center & Digital Infrastructure ETF by 4.3% during the fourth quarter. Captrust Financial Advisors now owns 12,917 shares of the company’s stock worth $273,000 after purchasing an additional 536 shares during the period. Financial Freedom LLC boosted its position in Global X Data Center & Digital Infrastructure ETF by 29.0% during the fourth quarter. Financial Freedom LLC now owns 163,522 shares of the company’s stock worth $3,450,000 after purchasing an additional 36,714 shares during the period. Finally, Arkadios Wealth Advisors purchased a new position in shares of Global X Data Center & Digital Infrastructure ETF in the fourth quarter worth about $296,000.

Global X Data Center & Digital Infrastructure ETF Stock Up 0.5%

Global X Data Center & Digital Infrastructure ETF stock traded up $0.12 during trading on Friday, hitting $25.00. The stock had a trading volume of 475,011 shares, compared to its average volume of 822,094. The stock’s 50 day moving average is $24.58 and its two-hundred day moving average is $22.13. Global X Data Center & Digital Infrastructure ETF has a 1 year low of $14.10 and a 1 year high of $26.73. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 30.39 and a beta of 1.00.

Global X Data Center & Digital Infrastructure ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were given a dividend of $0.1352 per share. This represents a dividend yield of 127.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

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.