Pacer PE/VC ETF (NYSEARCA:PEVC) Short Interest Up 75.7% in May

Pacer PE/VC ETF (NYSEARCA:PEVC) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 297 shares, an increase of 75.7% from the May 14th total of 169 shares. Based on an average daily trading volume, of 164 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Investors Weigh In On Pacer PE/VC ETF

A hedge fund recently raised its stake in Pacer PE/VC ETF stock. Royal Bank of Canada grew its holdings in shares of Pacer PE/VC ETF (NYSEARCA:PEVC) by 910.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,848 shares of the company’s stock after purchasing an additional 5,269 shares during the quarter. Royal Bank of Canada owned approximately 7.31% of Pacer PE/VC ETF worth $152,000 as of its most recent filing with the Securities & Exchange Commission.

Pacer PE/VC ETF Trading Up 2.8%

NYSEARCA:PEVC traded up $0.81 during mid-day trading on Monday, reaching $30.00. The company’s stock had a trading volume of 180 shares, compared to its average volume of 1,452. Pacer PE/VC ETF has a 12-month low of $24.36 and a 12-month high of $32.21. The stock has a market cap of $2.40 million, a P/E ratio of 30.12 and a beta of 1.36. The firm’s fifty day moving average price is $29.03 and its two-hundred day moving average price is $28.45.

About Pacer PE/VC ETF

The Pacer PE/VC ETF (PEVC) is an exchange-traded fund that is based on the FTSE PE/VC index. The fund tracks an index that provides access to private equity (PE) buyouts and venture capital (VC) assets through shifting allocations between two sub-indices. Investments focus on US large-cap stocks, aiming to mirror the risk-return characteristics of private markets through equities, ETFs, and futures contracts. PEVC was launched on Feb 3, 2025 and is issued by Pacer.