Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Shares Shorted: Short Interest Down 74.1% in October

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 10,613 shares, a drop of 74.1% from the September 30th total of 41,005 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 116,625 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Pacer Data & Infrastructure Real Estate ETF

An institutional investor recently bought a new stake in Pacer Data & Infrastructure Real Estate ETF stock. CX Institutional acquired a new position in shares of Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,679 shares of the company’s stock, valued at approximately $48,000.

Pacer Data & Infrastructure Real Estate ETF Price Performance

Shares of NYSEARCA SRVR traded up $0.18 during midday trading on Wednesday, hitting $28.19. The stock had a trading volume of 95,073 shares, compared to its average volume of 108,589. The company’s 50-day simple moving average is $29.55 and its 200 day simple moving average is $31.76. The firm has a market cap of $291.80 million, a P/E ratio of 41.56 and a beta of 0.99. Pacer Data & Infrastructure Real Estate ETF has a fifty-two week low of $26.96 and a fifty-two week high of $35.81.

Pacer Data & Infrastructure Real Estate ETF Company Profile

The Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a market cap-weighted index of real estate companies from developed markets that are related to data and infrastructure. SRVR was launched on May 15, 2018 and is managed by Pacer.