iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) Short Interest Up 149.0% in May

iShares U.S. Digital Infrastructure and Real Estate ETF (NYSEARCA:IDGT) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 53,251 shares, a growth of 149.0% from the April 30th total of 21,385 shares. Currently, 2.3% of the shares of the company are short sold. Based on an average daily volume of 143,862 shares, the short-interest ratio is presently 0.4 days.

iShares U.S. Digital Infrastructure and Real Estate ETF Stock Up 1.0%

NYSEARCA IDGT opened at $130.14 on Tuesday. The company has a market capitalization of $299.32 million, a P/E ratio of 32.93 and a beta of 1.14. iShares U.S. Digital Infrastructure and Real Estate ETF has a 12-month low of $78.62 and a 12-month high of $130.71. The firm has a 50-day moving average price of $113.20 and a two-hundred day moving average price of $97.98.

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

A number of institutional investors have recently bought and sold shares of IDGT. Sunbelt Securities Inc. boosted its holdings in iShares U.S. Digital Infrastructure and Real Estate ETF by 7,428.0% in the 3rd 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 period. Captrust Financial Advisors bought a new stake in iShares U.S. Digital Infrastructure and Real Estate ETF in the 2nd quarter valued at about $223,000. Janney Montgomery Scott LLC boosted its holdings in iShares U.S. Digital Infrastructure and Real Estate ETF by 3.9% in the 1st 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 period. Finally, Jones Financial Companies Lllp boosted its holdings in iShares U.S. Digital Infrastructure and Real Estate ETF by 39.5% in the 3rd 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 during the period.

About iShares U.S. Digital Infrastructure and Real Estate ETF

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.