Short Interest in Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Rises By 197.6%

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 87,038 shares, a growth of 197.6% from the April 15th total of 29,250 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 120,638 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Pacer Data & Infrastructure Real Estate ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. 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 valued at $385,000 after purchasing an additional 384 shares during the last quarter. Invenio Wealth Partners LLC raised its position in shares of Pacer Data & Infrastructure Real Estate ETF by 5.7% during the 3rd quarter. Invenio Wealth Partners LLC now owns 51,841 shares of the company’s stock valued at $1,642,000 after buying an additional 2,793 shares during the period. Foster & Motley Inc. lifted its holdings in Pacer Data & Infrastructure Real Estate ETF by 0.6% in the fourth quarter. Foster & Motley Inc. now owns 372,918 shares of the company’s stock valued at $10,680,000 after acquiring an additional 2,393 shares during the last quarter. Finally, Ameriprise Financial Inc. purchased a new position in Pacer Data & Infrastructure Real Estate ETF in the second quarter worth approximately $36,420,000.

Pacer Data & Infrastructure Real Estate ETF Stock Down 0.4%

Shares of SRVR traded down $0.14 during midday trading on Thursday, reaching $34.58. The company had a trading volume of 54,976 shares, compared to its average volume of 117,763. Pacer Data & Infrastructure Real Estate ETF has a 1-year low of $28.44 and a 1-year high of $35.81. The firm has a 50 day simple moving average of $33.24 and a 200-day simple moving average of $31.40. The stock has a market cap of $395.94 million, a PE ratio of 41.56 and a beta of 1.01.

Pacer Data & Infrastructure Real Estate ETF Company Profile

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.