Pacer Trendpilot European Index ETF (BATS:PTEU) Short Interest Down 56.3% in April

Pacer Trendpilot European Index ETF (BATS:PTEU) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 2,486 shares, a decline of 56.3% from the April 15th total of 5,690 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 1,029 shares, the days-to-cover ratio is currently 2.4 days.

Institutional Trading of Pacer Trendpilot European Index ETF

Several institutional investors have recently added to or reduced their stakes in PTEU. International Assets Investment Management LLC bought a new stake in shares of Pacer Trendpilot European Index ETF during the 4th quarter valued at $128,000. MGO One Seven LLC bought a new stake in shares of Pacer Trendpilot European Index ETF during the 4th quarter valued at $203,000. Wealthspire Retirement LLC bought a new stake in shares of Pacer Trendpilot European Index ETF during the 4th quarter valued at $313,000. Osaic Holdings Inc. lifted its position in shares of Pacer Trendpilot European Index ETF by 197.8% during the 2nd quarter. Osaic Holdings Inc. now owns 11,273 shares of the company’s stock valued at $324,000 after acquiring an additional 7,488 shares during the period. Finally, Goldman Sachs Group Inc. bought a new stake in shares of Pacer Trendpilot European Index ETF during the 4th quarter valued at $480,000.

Pacer Trendpilot European Index ETF Price Performance

PTEU opened at $31.94 on Friday. The business has a fifty day simple moving average of $31.01 and a 200 day simple moving average of $31.11. The company has a market capitalization of $41.52 million, a PE ratio of 16.12 and a beta of 0.43. Pacer Trendpilot European Index ETF has a 1 year low of $27.56 and a 1 year high of $33.21.

About Pacer Trendpilot European Index ETF

The Pacer Trendpilot European Index ETF (PTEU) is an exchange-traded fund that is based on the Pacer Trendpilot European index. The fund tracks an index of large- and mid-cap eurozone equities selected and weighted by market cap. Stocks can be mixed with or replaced by US Treasury bills based on momentum. PTEU was launched on Dec 15, 2015 and is managed by Pacer.