iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) Short Interest Update

iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 21,385 shares, a drop of 71.8% from the April 15th total of 75,712 shares. Based on an average trading volume of 62,685 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.9% of the shares of the stock are short sold.

Institutional Trading of iShares U.S. Digital Infrastructure and Real Estate ETF

Several large investors have recently bought and sold shares of IDGT. Jones Financial Companies Lllp lifted its holdings in shares of iShares U.S. Digital Infrastructure and Real Estate ETF by 39.5% in the third quarter. Jones Financial Companies Lllp now owns 5,491 shares of the company’s stock valued at $474,000 after purchasing an additional 1,555 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of iShares U.S. Digital Infrastructure and Real Estate ETF by 3.9% in the first quarter. Janney Montgomery Scott LLC now owns 4,667 shares of the company’s stock valued at $456,000 after purchasing an additional 177 shares during the last quarter. Captrust Financial Advisors acquired a new stake in shares of iShares U.S. Digital Infrastructure and Real Estate ETF in the second quarter valued at approximately $223,000. Finally, Sunbelt Securities Inc. grew its position in shares of iShares U.S. Digital Infrastructure and Real Estate ETF by 7,428.0% in the third quarter. Sunbelt Securities Inc. now owns 1,882 shares of the company’s stock valued at $163,000 after purchasing an additional 1,857 shares during the last quarter.

iShares U.S. Digital Infrastructure and Real Estate ETF Stock Performance

iShares U.S. Digital Infrastructure and Real Estate ETF stock traded up $0.29 during midday trading on Wednesday, reaching $119.74. The company’s stock had a trading volume of 22,700 shares, compared to its average volume of 33,671. iShares U.S. Digital Infrastructure and Real Estate ETF has a fifty-two week low of $78.10 and a fifty-two week high of $123.89. The stock’s 50 day simple moving average is $106.42 and its 200 day simple moving average is $94.73. The firm has a market capitalization of $275.40 million, a PE ratio of 32.93 and a beta of 1.14.

iShares U.S. Digital Infrastructure and Real Estate ETF Company Profile

The iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index of 50 US stocks involved in data centers, telecommunication towers, and related equipment. The fund uses a tiered approach in selection and weighting. IDGT was launched on Jul 10, 2001 and is issued by BlackRock.