Pacer Data and Digital Revolution ETF (NYSEARCA:TRFK) Short Interest Update

Pacer Data and Digital Revolution ETF (NYSEARCA:TRFK) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 29,184 shares, a drop of 49.3% from the August 31st total of 57,615 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 111,518 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Pacer Data and Digital Revolution ETF

A hedge fund recently raised its stake in Pacer Data and Digital Revolution ETF stock. Arkadios Wealth Advisors increased its holdings in shares of Pacer Data and Digital Revolution ETF (NYSEARCA:TRFK) by 64.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,854 shares of the company’s stock after acquiring an additional 5,417 shares during the period. Arkadios Wealth Advisors owned approximately 0.18% of Pacer Data and Digital Revolution ETF worth $862,000 at the end of the most recent reporting period.

Pacer Data and Digital Revolution ETF Stock Up 0.1%

Shares of Pacer Data and Digital Revolution ETF stock traded up $0.15 during trading on Wednesday, reaching $100.85. 191,829 shares of the stock were exchanged, compared to its average volume of 151,767. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 41.50 and a beta of 1.55. Pacer Data and Digital Revolution ETF has a 1 year low of $58.82 and a 1 year high of $115.58. The stock’s fifty day moving average is $95.03 and its 200 day moving average is $89.54.

About Pacer Data and Digital Revolution ETF

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.