Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) Short Interest Up 104.0% in May

Pacer Data & Infrastructure Real Estate ETF (NYSEARCA:SRVR) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 78,772 shares, an increase of 104.0% from the May 14th total of 38,606 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 90,578 shares, the short-interest ratio is currently 0.9 days.

Pacer Data & Infrastructure Real Estate ETF Stock Up 0.3%

Shares of Pacer Data & Infrastructure Real Estate ETF stock traded up $0.09 during trading on Monday, reaching $33.75. 24,886 shares of the stock were exchanged, compared to its average volume of 110,729. The stock’s fifty day moving average is $34.22 and its 200 day moving average is $31.99. The firm has a market cap of $386.44 million, a price-to-earnings ratio of 41.56 and a beta of 0.99. Pacer Data & Infrastructure Real Estate ETF has a 1 year low of $28.44 and a 1 year high of $35.81.

Institutional Trading of Pacer Data & Infrastructure Real Estate ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Invenio Wealth Partners LLC boosted its position in 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 acquiring an additional 2,793 shares in the last quarter. Foster & Motley Inc. boosted its position in Pacer Data & Infrastructure Real Estate ETF by 0.6% during the 4th 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 in the last quarter. Finally, Ameriprise Financial Inc. bought a new stake in Pacer Data & Infrastructure Real Estate ETF during the 2nd quarter valued at approximately $36,420,000.

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.