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

Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 159,000 shares, a drop of 82.9% from the December 31st total of 928,200 shares. Based on an average daily volume of 129,000 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DTCR. JPMorgan Chase & Co. acquired a new position in Global X Data Center & Digital Infrastructure ETF during the third quarter valued at $26,000. Captrust Financial Advisors acquired a new stake in Global X Data Center & Digital Infrastructure ETF during the 3rd quarter worth about $178,000. Finally, Archford Capital Strategies LLC purchased a new position in shares of Global X Data Center & Digital Infrastructure ETF during the 4th quarter valued at about $408,000.

Global X Data Center & Digital Infrastructure ETF Trading Up 0.2 %

Shares of NASDAQ DTCR traded up $0.03 during midday trading on Wednesday, reaching $16.46. The company had a trading volume of 147,683 shares, compared to its average volume of 273,515. The stock has a market cap of $160.16 million, a P/E ratio of 31.33 and a beta of 1.23. Global X Data Center & Digital Infrastructure ETF has a 1 year low of $13.80 and a 1 year high of $17.98. The business’s 50-day simple moving average is $17.03 and its 200 day simple moving average is $16.71.

Global X Data Center & Digital Infrastructure ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given a dividend of $0.1761 per share. The ex-dividend date was Monday, December 30th.

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.