Pacer Data and Digital Revolution ETF (NYSEARCA:TRFK – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 64,327 shares, a growth of 120.4% from the September 15th total of 29,184 shares. Based on an average daily trading volume, of 175,012 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.5% of the shares of the company are short sold.
Pacer Data and Digital Revolution ETF Trading Down 2.3%
Shares of NYSEARCA TRFK opened at $95.62 on Tuesday. Pacer Data and Digital Revolution ETF has a 12 month low of $58.82 and a 12 month high of $115.58. The company has a 50 day simple moving average of $97.21 and a two-hundred day simple moving average of $91.96. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 41.50 and a beta of 1.54.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Pacer Data and Digital Revolution ETF stock. Arkadios Wealth Advisors raised its holdings in Pacer Data and Digital Revolution ETF (NYSEARCA:TRFK – Free Report) by 64.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,854 shares of the company’s stock after purchasing an additional 5,417 shares during the quarter. Arkadios Wealth Advisors owned 0.18% of Pacer Data and Digital Revolution ETF worth $862,000 at the end of the most recent reporting period.
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.
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