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

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

Institutional Investors Weigh In On Pacer Data and Digital Revolution ETF

An institutional investor recently raised its position in Pacer Data and Digital Revolution ETF stock. Arkadios Wealth Advisors increased its holdings in Pacer Data and Digital Revolution ETF (NYSEARCA:TRFK) by 64.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,854 shares of the company’s stock after acquiring an additional 5,417 shares during the quarter. Arkadios Wealth Advisors owned approximately 0.18% of Pacer Data and Digital Revolution ETF worth $862,000 as of its most recent SEC filing.

Pacer Data and Digital Revolution ETF Stock Performance

NYSEARCA TRFK opened at $100.13 on Tuesday. The business’s 50 day moving average price is $94.92 and its 200-day moving average price is $89.29. Pacer Data and Digital Revolution ETF has a fifty-two week low of $58.82 and a fifty-two week high of $115.58. The company has a market cap of $1.18 billion, a P/E ratio of 41.50 and a beta of 1.55.

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.