Short Interest in First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) Drops By 52.9%

First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 16 shares, a drop of 52.9% from the June 30th total of 34 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 338 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On First Trust Alerian Disruptive Technology Real Estate ETF

Several institutional investors have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC purchased a new stake in shares of First Trust Alerian Disruptive Technology Real Estate ETF during the 4th quarter worth approximately $33,000. CIBC Private Wealth Group LLC bought a new stake in First Trust Alerian Disruptive Technology Real Estate ETF in the third quarter worth $31,000. Susquehanna International Group LLP raised its position in shares of First Trust Alerian Disruptive Technology Real Estate ETF by 8.7% during the 3rd quarter. Susquehanna International Group LLP now owns 6,864 shares of the company’s stock valued at $271,000 after buying an additional 551 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of First Trust Alerian Disruptive Technology Real Estate ETF in the 3rd quarter valued at about $412,000. Finally, Citadel Advisors LLC purchased a new position in First Trust Alerian Disruptive Technology Real Estate ETF in the third quarter worth about $771,000.

First Trust Alerian Disruptive Technology Real Estate ETF Stock Up 0.5%

NYSEARCA DTRE traded up $0.22 on Tuesday, reaching $43.47. The company had a trading volume of 21 shares, compared to its average volume of 548. The stock has a market capitalization of $14.78 million, a PE ratio of 27.47 and a beta of 0.97. First Trust Alerian Disruptive Technology Real Estate ETF has a 12 month low of $38.31 and a 12 month high of $43.51. The firm’s 50 day moving average price is $42.52 and its 200 day moving average price is $41.56.

First Trust Alerian Disruptive Technology Real Estate ETF Company Profile

The First Trust Alerian Disruptive Technology Real Estate ETF (DTRE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of real estate stocks that support wired and wireless communication, data infrastructure, warehouses, and fulfillment centers. Selection and weighting of securities are based on three-month average trading values. DTRE was launched on Oct 3, 2022 and is managed by First Trust.