Pacer PE/VC ETF (NYSEARCA:PEVC) Sees Significant Decrease in Short Interest

Pacer PE/VC ETF (NYSEARCA:PEVC) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 155 shares, a decline of 47.8% from the May 31st total of 297 shares. Based on an average daily trading volume, of 335 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On Pacer PE/VC ETF

An institutional investor recently raised its position in Pacer PE/VC ETF stock. Royal Bank of Canada lifted its holdings in shares of Pacer PE/VC ETF (NYSEARCA:PEVC) by 910.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,848 shares of the company’s stock after purchasing an additional 5,269 shares during the quarter. Royal Bank of Canada owned 7.31% of Pacer PE/VC ETF worth $152,000 at the end of the most recent quarter.

Pacer PE/VC ETF Stock Up 1.8%

PEVC opened at $29.56 on Tuesday. Pacer PE/VC ETF has a 12 month low of $24.36 and a 12 month high of $32.21. The company has a fifty day simple moving average of $29.51 and a 200 day simple moving average of $28.47. The stock has a market cap of $2.36 million, a P/E ratio of 30.12 and a beta of 1.36.

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.