Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) Short Interest Up 2,817.6% in March

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 148,800 shares, an increase of 2,817.6% from the February 28th total of 5,100 shares. Approximately 1.3% of the company’s shares are short sold. Based on an average trading volume of 217,600 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in DTCR. Captrust Financial Advisors acquired a new position in Global X Data Center & Digital Infrastructure ETF in the third quarter valued at about $178,000. JPMorgan Chase & Co. bought a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the 3rd quarter valued at about $26,000. Archford Capital Strategies LLC bought a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the 4th quarter valued at about $408,000. Crestwood Advisors Group LLC acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF in the 4th quarter valued at approximately $223,000. Finally, SBI Securities Co. Ltd. bought a new position in Global X Data Center & Digital Infrastructure ETF during the 4th quarter worth approximately $51,000.

Global X Data Center & Digital Infrastructure ETF Stock Performance

DTCR opened at $16.62 on Friday. The company has a fifty day moving average price of $17.44 and a two-hundred day moving average price of $17.26. The firm has a market capitalization of $185.48 million, a PE ratio of 26.94 and a beta of 1.00. Global X Data Center & Digital Infrastructure ETF has a 52 week low of $13.80 and a 52 week high of $19.49.

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.