Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC) Short Interest Update

Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 211 shares, a decline of 91.0% from the July 15th total of 2,337 shares. Based on an average daily volume of 5,958 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Pacer Lunt Large Cap Multi-Factor Alternator ETF Stock Performance

Pacer Lunt Large Cap Multi-Factor Alternator ETF stock remained flat at $58.09 during mid-day trading on Wednesday. 4,588 shares of the company’s stock traded hands, compared to its average volume of 15,547. Pacer Lunt Large Cap Multi-Factor Alternator ETF has a 52-week low of $49.56 and a 52-week high of $59.77. The business has a fifty day moving average price of $57.23 and a 200 day moving average price of $55.34. The firm has a market capitalization of $220.74 million, a PE ratio of -41.14 and a beta of 0.93.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Pacer Lunt Large Cap Multi-Factor Alternator ETF stock. JPMorgan Chase & Co. acquired a new stake in Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 29,022 shares of the company’s stock, valued at approximately $1,502,000. JPMorgan Chase & Co. owned approximately 0.54% of Pacer Lunt Large Cap Multi-Factor Alternator ETF as of its most recent filing with the SEC.

About Pacer Lunt Large Cap Multi-Factor Alternator ETF

The Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in US large cap equities that allocates to multi-factor sub-indices based on relative strength. PALC was launched on Jun 24, 2020 and is managed by Pacer.