Pacer Data and Digital Revolution ETF (NYSEARCA:TRFK) Short Interest Down 37.6% in February

Pacer Data and Digital Revolution ETF (NYSEARCA:TRFK) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 10,212 shares, a decline of 37.6% from the January 29th total of 16,367 shares. Based on an average daily trading volume, of 149,212 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 149,212 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Pacer Data and Digital Revolution ETF

Hedge funds have recently made changes to their positions in the business. Nova Wealth Management Inc. acquired a new position in shares of Pacer Data and Digital Revolution ETF in the 3rd quarter worth approximately $35,000. GPS Wealth Strategies Group LLC bought a new position in shares of Pacer Data and Digital Revolution ETF in the third quarter valued at approximately $53,000. IFP Advisors Inc bought a new position in shares of Pacer Data and Digital Revolution ETF in the third quarter valued at approximately $61,000. Synergy Investment Management LLC acquired a new position in shares of Pacer Data and Digital Revolution ETF in the 4th quarter worth approximately $236,000. Finally, Arkadios Wealth Advisors bought a new stake in Pacer Data and Digital Revolution ETF during the 3rd quarter worth approximately $247,000.

Pacer Data and Digital Revolution ETF Price Performance

NYSEARCA:TRFK opened at $63.09 on Friday. The company has a fifty day moving average price of $64.74 and a 200 day moving average price of $65.94. Pacer Data and Digital Revolution ETF has a one year low of $37.46 and a one year high of $74.22. The stock has a market cap of $430.27 million, a P/E 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.