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

Pacer Data and Digital Revolution ETF (NYSEARCA:TRFK) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 47,672 shares, an increase of 218.2% from the October 15th total of 14,982 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 180,455 shares, the short-interest ratio is currently 0.3 days.

Pacer Data and Digital Revolution ETF Price Performance

NYSEARCA TRFK traded down $3.05 during midday trading on Friday, hitting $78.10. 146,357 shares of the company traded hands, compared to its average volume of 160,456. Pacer Data and Digital Revolution ETF has a 52 week low of $58.82 and a 52 week high of $115.58. The company’s 50-day simple moving average is $92.60 and its 200-day simple moving average is $85.70. The company has a market cap of $974.69 million, a PE ratio of 22.34 and a beta of 1.58.

Institutional Investors Weigh In On Pacer Data and Digital Revolution ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Western Wealth Management LLC grew its stake in Pacer Data and Digital Revolution ETF by 7.4% in the third quarter. Western Wealth Management LLC now owns 76,169 shares of the company’s stock valued at $7,682,000 after purchasing an additional 5,235 shares during the last quarter. Harbour Investments Inc. purchased a new stake in shares of Pacer Data and Digital Revolution ETF during the third quarter valued at about $4,784,000. Arkadios Wealth Advisors lifted its position in shares of 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 valued at $862,000 after buying an additional 5,417 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its holdings in shares of 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 valued at $303,000 after buying an additional 588 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new stake in shares of Pacer Data and Digital Revolution ETF in the 3rd quarter valued at 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.