Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) Short Interest Down 69.7% in December

Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) saw a significant decrease in short interest in December. As of December 31st, there was short interest totaling 6,819 shares, a decrease of 69.7% from the December 15th total of 22,488 shares. Based on an average trading volume of 53,927 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 53,927 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Pacer Trendpilot US Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pacer Advisors Inc. grew its position in shares of Pacer Trendpilot US Bond ETF by 2.1% during the third quarter. Pacer Advisors Inc. now owns 578,247 shares of the company’s stock worth $11,467,000 after acquiring an additional 11,962 shares during the last quarter. ODonnell Financial Services LLC boosted its stake in Pacer Trendpilot US Bond ETF by 3.6% during the 3rd quarter. ODonnell Financial Services LLC now owns 347,665 shares of the company’s stock worth $6,894,000 after purchasing an additional 12,087 shares during the period. Napa Wealth Management purchased a new position in Pacer Trendpilot US Bond ETF during the 2nd quarter worth $6,187,000. Creative Financial Designs Inc. ADV grew its position in Pacer Trendpilot US Bond ETF by 3.8% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 264,787 shares of the company’s stock worth $5,251,000 after purchasing an additional 9,779 shares during the last quarter. Finally, Magnolia Capital Advisors LLC raised its holdings in shares of Pacer Trendpilot US Bond ETF by 2.3% in the third quarter. Magnolia Capital Advisors LLC now owns 188,669 shares of the company’s stock valued at $3,741,000 after buying an additional 4,160 shares during the last quarter.

Pacer Trendpilot US Bond ETF Stock Up 0.2%

Shares of PTBD traded up $0.03 during midday trading on Tuesday, reaching $19.48. 14,497 shares of the stock were exchanged, compared to its average volume of 45,321. Pacer Trendpilot US Bond ETF has a twelve month low of $19.30 and a twelve month high of $20.40. The business’s 50-day moving average price is $19.51 and its 200 day moving average price is $19.68.

Pacer Trendpilot US Bond ETF Company Profile

The Pacer Trendpilot US Bond ETF (PTBD) is an exchange-traded fund that is based on the Pacer Trendpilot US Bond index. The fund tracks an index that uses a momentum-driven proprietary strategy that toggles between U.S. High Yield Corporate Bonds and 7-10 Year Treasury Bonds. PTBD was launched on Oct 22, 2019 and is managed by Pacer.