Pacer Data and Digital Revolution ETF (NYSEARCA:TRFK) Sees Significant Drop in Short Interest

Pacer Data and Digital Revolution ETF (NYSEARCA:TRFK) was the target of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 10,212 shares, a decrease of 37.6% from the January 29th total of 16,367 shares. Based on an average daily trading volume, of 149,212 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 149,212 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Pacer Data and Digital Revolution ETF

Several hedge funds have recently modified their holdings of the stock. Western Wealth Management LLC acquired a new position in Pacer Data and Digital Revolution ETF in the 2nd quarter valued at $443,000. Nova Wealth Management Inc. purchased a new stake in shares of Pacer Data and Digital Revolution ETF in the third quarter valued at about $35,000. Arkadios Wealth Advisors acquired a new position in shares of Pacer Data and Digital Revolution ETF during the third quarter worth about $247,000. GPS Wealth Strategies Group LLC purchased a new position in Pacer Data and Digital Revolution ETF during the third quarter worth about $53,000. Finally, NewEdge Advisors LLC acquired a new stake in Pacer Data and Digital Revolution ETF in the third quarter valued at about $278,000.

Pacer Data and Digital Revolution ETF Stock Down 0.1%

TRFK stock traded down $0.07 during trading on Monday, hitting $63.02. The company had a trading volume of 106,050 shares, compared to its average volume of 139,712. The firm has a 50-day moving average price of $64.74 and a 200-day moving average price of $65.99. The firm has a market cap of $429.82 million, a PE ratio of 41.50 and a beta of 1.29. Pacer Data and Digital Revolution ETF has a 1-year low of $37.46 and a 1-year high of $74.22.

Pacer Data and Digital Revolution ETF Company Profile

The Pacer Data and Digital Revolution ETF (TRFK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks market cap-weighted index of global companies involved in the use, manipulation, transmission, and storage of data, as well as the ancillary services that enable these processes. TRFK was launched on Jun 8, 2022 and is managed by Pacer.