Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Sees Significant Increase in Short Interest

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 35,487 shares, an increase of 79.1% from the November 30th total of 19,811 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 132,243 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 132,243 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are short sold.

Pacer Data & Infrastructure Real Estate ETF Stock Up 0.1%

SRVR opened at $29.15 on Friday. The company has a market cap of $397.90 million, a price-to-earnings ratio of 41.56 and a beta of 0.94. Pacer Data & Infrastructure Real Estate ETF has a 52-week low of $26.00 and a 52-week high of $33.67. The firm’s fifty day simple moving average is $29.82 and its two-hundred day simple moving average is $31.11.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Copia Wealth Management boosted its holdings in Pacer Data & Infrastructure Real Estate ETF by 3.3% in the 3rd quarter. Copia Wealth Management now owns 12,161 shares of the company’s stock worth $385,000 after buying an additional 384 shares during the last quarter. Patron Partners LLC lifted its position in shares of Pacer Data & Infrastructure Real Estate ETF by 4.8% in the second quarter. Patron Partners LLC now owns 14,299 shares of the company’s stock valued at $462,000 after acquiring an additional 651 shares in the last quarter. Foster & Motley Inc. boosted its stake in shares of Pacer Data & Infrastructure Real Estate ETF by 0.5% in the second quarter. Foster & Motley Inc. now owns 365,866 shares of the company’s stock worth $11,825,000 after acquiring an additional 1,948 shares during the last quarter. Invenio Wealth Partners LLC boosted its stake in shares of Pacer Data & Infrastructure Real Estate ETF by 5.7% in the third quarter. Invenio Wealth Partners LLC now owns 51,841 shares of the company’s stock worth $1,642,000 after acquiring an additional 2,793 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Pacer Data & Infrastructure Real Estate ETF by 2.1% during the third quarter. Ameriprise Financial Inc. now owns 1,150,694 shares of the company’s stock worth $36,449,000 after purchasing an additional 23,764 shares in the last quarter.

About Pacer Data & Infrastructure Real Estate ETF

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.