First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTRE) Sees Large Drop in Short Interest

First Trust Alerian Disruptive Technology Real Estate ETF (NYSEARCA:DTREGet Free Report) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 6 shares, a decline of 82.9% from the April 15th total of 35 shares. Based on an average trading volume of 850 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

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

Shares of First Trust Alerian Disruptive Technology Real Estate ETF stock traded down $0.22 on Tuesday, reaching $42.79. 731 shares of the stock were exchanged, compared to its average volume of 659. The business has a 50 day moving average price of $41.17 and a two-hundred day moving average price of $40.56. The firm has a market capitalization of $16.69 million, a price-to-earnings ratio of 27.47 and a beta of 0.97. First Trust Alerian Disruptive Technology Real Estate ETF has a twelve month low of $38.31 and a twelve month high of $43.45.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Kestra Advisory Services LLC acquired 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 purchased a new position in First Trust Alerian Disruptive Technology Real Estate ETF in the third quarter valued at $31,000. Susquehanna International Group LLP raised its position in shares of First Trust Alerian Disruptive Technology Real Estate ETF by 8.7% in the third quarter. Susquehanna International Group LLP now owns 6,864 shares of the company’s stock worth $271,000 after acquiring an additional 551 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of First Trust Alerian Disruptive Technology Real Estate ETF during the 3rd quarter worth about $412,000. Finally, Citadel Advisors LLC acquired a new stake in shares of First Trust Alerian Disruptive Technology Real Estate ETF during the 3rd quarter valued at about $771,000.

First Trust Alerian Disruptive Technology Real Estate ETF Company Profile

(Get Free Report)

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.

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