Global X Data Center & Digital Infrastructure ETF (NASDAQ:VPN) Sees Significant Increase in Short Interest

Global X Data Center & Digital Infrastructure ETF (NASDAQ:VPN) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 761,500 shares, an increase of 4,877.1% from the March 15th total of 15,300 shares. Based on an average daily trading volume, of 1,001,900 shares, the days-to-cover ratio is currently 0.8 days.

Global X Data Center & Digital Infrastructure ETF Stock Performance

Shares of NASDAQ VPN opened at $14.85 on Thursday. The stock has a market cap of $52.58 million, a P/E ratio of 42.47 and a beta of 0.91. The firm has a 50 day moving average price of $15.28 and a 200 day moving average price of $14.23. Global X Data Center & Digital Infrastructure ETF has a 52-week low of $11.86 and a 52-week high of $16.36.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Global X Data Center & Digital Infrastructure ETF stock. Lazard Asset Management LLC acquired a new stake in shares of Global X Data Center & Digital Infrastructure ETF (NASDAQ:VPN) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 4,000 shares of the company’s stock, valued at approximately $54,000. Lazard Asset Management LLC owned 0.18% of Global X Data Center & Digital Infrastructure ETF as of its most recent filing with the Securities & Exchange Commission.

Global X Data Center & Digital Infrastructure ETF Company Profile

The Global X Data Center REITs & Digital Infrastructure ETF (VPN) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market-cap-weighted index of global equities involved in data center REITs and related digital infrastructure companies. VPN was launched on Oct 27, 2020 and is managed by Global X.