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 growth in short interest in the month of December. As of December 31st, there was short interest totaling 24,211 shares, a growth of 99.0% from the December 15th total of 12,168 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 145,288 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 145,288 shares, the short-interest ratio is presently 0.2 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Western Wealth Management LLC increased its position in Pacer Data and Digital Revolution ETF by 473.9% during the 3rd quarter. Western Wealth Management LLC now owns 42,972 shares of the company’s stock valued at $2,876,000 after purchasing an additional 35,484 shares during the period. NewEdge Advisors LLC acquired a new position in shares of Pacer Data and Digital Revolution ETF during the third quarter valued at about $278,000. Janney Montgomery Scott LLC bought a new position in Pacer Data and Digital Revolution ETF in the 2nd quarter valued at about $223,000. Arkadios Wealth Advisors acquired a new position in Pacer Data and Digital Revolution ETF during the 3rd quarter valued at about $247,000. Finally, Nova Wealth Management Inc. increased its holdings in Pacer Data and Digital Revolution ETF by 134.9% during the 4th quarter. Nova Wealth Management Inc. now owns 1,238 shares of the company’s stock worth $79,000 after purchasing an additional 711 shares in the last quarter.

Pacer Data and Digital Revolution ETF Stock Up 0.3%

Shares of NYSEARCA:TRFK opened at $65.46 on Friday. Pacer Data and Digital Revolution ETF has a 12-month low of $37.46 and a 12-month high of $74.22. The company’s 50 day moving average price is $65.66 and its two-hundred day moving average price is $65.14. The firm has a market cap of $412.40 million, a PE ratio of 41.50 and a beta of 1.29.

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.