Pacer PE/VC ETF (NYSEARCA:PEVC) Shares Shorted: Short Interest Down 56.5% in September

Pacer PE/VC ETF (NYSEARCA:PEVC) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 10 shares, a drop of 56.5% from the August 31st total of 23 shares. Based on an average trading volume of 98 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Pacer PE/VC ETF Stock Performance

Shares of NYSEARCA PEVC traded down $0.43 during trading on Monday, hitting $31.78. 235 shares of the company were exchanged, compared to its average volume of 970. The company has a fifty day moving average price of $31.37 and a 200-day moving average price of $29.67. The firm has a market capitalization of $2.54 million, a PE ratio of 30.12 and a beta of 1.40. Pacer PE/VC ETF has a 12-month low of $24.36 and a 12-month high of $32.45.

Hedge Funds Weigh In On Pacer PE/VC ETF

A hedge fund recently bought a new stake in Pacer PE/VC ETF stock. Nwam LLC purchased a new stake in Pacer PE/VC ETF (NYSEARCA:PEVC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 34,043 shares of the company’s stock, valued at approximately $747,000. Nwam LLC owned 42.55% of Pacer PE/VC ETF at the end of the most recent reporting period.

Pacer PE/VC ETF Company Profile

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.