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) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 100,168 shares, a growth of 220.4% from the June 15th total of 31,264 shares. Currently, 2.3% of the shares of the company are sold short. Based on an average daily volume of 88,209 shares, the short-interest ratio is currently 1.1 days.

iShares U.S. Digital Infrastructure and Real Estate ETF Trading Down 0.6%

iShares U.S. Digital Infrastructure and Real Estate ETF stock traded down $0.68 during mid-day trading on Monday, hitting $120.21. The company had a trading volume of 6,660 shares, compared to its average volume of 39,952. iShares U.S. Digital Infrastructure and Real Estate ETF has a 12-month low of $81.06 and a 12-month high of $133.05. The company’s fifty day moving average is $122.14 and its 200-day moving average is $105.31. The company has a market capitalization of $516.90 million, a price-to-earnings ratio of 32.93 and a beta of 1.15.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IDGT. Sunbelt Securities Inc. lifted its stake 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 worth $163,000 after buying an additional 1,857 shares in the last quarter. Captrust Financial Advisors acquired a new stake in iShares U.S. Digital Infrastructure and Real Estate ETF during the second quarter worth $223,000. Finally, Janney Montgomery Scott LLC raised 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 buying an additional 177 shares during the period.

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.