Pacer Data and Digital Revolution ETF (NYSEARCA:TRFK) Stock Short Interest Report for October

Pacer Data and Digital Revolution ETF (NYSEARCA:TRFK) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 14,982 shares, a decrease of 76.7% from the September 30th total of 64,327 shares. Based on an average daily trading volume, of 173,756 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Pacer Data and Digital Revolution ETF Price Performance

TRFK stock opened at $91.78 on Friday. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 41.50 and a beta of 1.54. The business’s fifty day moving average price is $95.69 and its two-hundred day moving average price is $84.95. Pacer Data and Digital Revolution ETF has a fifty-two week low of $58.82 and a fifty-two week high of $115.58.

Hedge Funds Weigh In On Pacer Data and Digital Revolution ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Arkadios Wealth Advisors increased its position in Pacer Data and Digital Revolution ETF by 64.2% during the first quarter. Arkadios Wealth Advisors now owns 13,854 shares of the company’s stock worth $862,000 after acquiring an additional 5,417 shares during the period. Kingswood Wealth Advisors LLC raised its stake in Pacer Data and Digital Revolution ETF by 24.3% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 3,009 shares of the company’s stock worth $303,000 after purchasing an additional 588 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new stake in Pacer Data and Digital Revolution ETF in the 3rd quarter worth about $96,000.

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.