Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR – Get Free Report) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totaling 388,376 shares, a decline 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 short-interest ratio is currently 0.4 days. Currently, 0.7% of the company’s shares are sold short.
Global X Data Center & Digital Infrastructure ETF Stock Down 0.4%
NASDAQ:DTCR traded down $0.13 during midday trading on Thursday, hitting $30.61. The stock had a trading volume of 1,463,022 shares, compared to its average volume of 882,811. Global X Data Center & Digital Infrastructure ETF has a one year low of $17.03 and a one year high of $31.11. The company has a market capitalization of $1.78 billion, a price-to-earnings ratio of 30.39 and a beta of 1.15. The stock has a 50-day moving average of $26.42 and a 200 day moving average of $24.00.
Hedge Funds Weigh In On Global X Data Center & Digital Infrastructure ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in DTCR. Sunbelt Securities Inc. grew its position 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 worth $55,000 after buying an additional 608 shares in the last quarter. Bessemer Group Inc. bought a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the third quarter valued at about $67,000. IFC & Insurance Marketing Inc. purchased a new stake in Global X Data Center & Digital Infrastructure ETF in the fourth quarter worth about $83,000. CoreCap Advisors LLC lifted its stake in Global X Data Center & Digital Infrastructure ETF by 1,295.2% in the third quarter. CoreCap Advisors LLC now owns 4,660 shares of the company’s stock worth $95,000 after acquiring an additional 4,326 shares during the period. Finally, Private Trust Co. NA grew its holdings in Global X Data Center & Digital Infrastructure ETF by 620.3% during the 4th quarter. Private Trust Co. NA now owns 5,928 shares of the company’s stock worth $125,000 after acquiring an additional 5,105 shares in the last quarter.
Global X Data Center & Digital Infrastructure ETF Company Profile
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.
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