Pacer US Export Leaders ETF (NYSEARCA:PEXL) Stock Short Interest Falls 95.1%

Pacer US Export Leaders ETF (NYSEARCA:PEXL) was the target of a large drop in short interest in October. As of October 30th, there was short interest totaling 215 shares, a drop of 95.1% from the October 15th total of 4,345 shares. Based on an average trading volume of 5,245 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Pacer US Export Leaders ETF Trading Down 0.2%

PEXL stock traded down $0.11 during trading on Tuesday, hitting $70.06. 488 shares of the company’s stock were exchanged, compared to its average volume of 2,208. The business has a 50-day moving average price of $71.95 and a two-hundred day moving average price of $68.73. The stock has a market capitalization of $51.84 million, a price-to-earnings ratio of 28.98 and a beta of 1.26. Pacer US Export Leaders ETF has a 52-week low of $55.51 and a 52-week high of $75.84.

Institutional Trading of Pacer US Export Leaders ETF

Institutional investors have recently modified their holdings of the stock. Thoroughbred Financial Services LLC purchased a new position in shares of Pacer US Export Leaders ETF in the 3rd quarter valued at $2,176,000. Harbour Investments Inc. acquired a new stake in Pacer US Export Leaders ETF during the 3rd quarter worth $1,634,000. Western Wealth Management LLC lifted its position in Pacer US Export Leaders ETF by 77.8% in the third quarter. Western Wealth Management LLC now owns 11,695 shares of the company’s stock valued at $864,000 after acquiring an additional 5,117 shares during the last quarter. Visionary Horizons LLC lifted its position in Pacer US Export Leaders ETF by 7.3% in the third quarter. Visionary Horizons LLC now owns 46,246 shares of the company’s stock valued at $3,415,000 after acquiring an additional 3,161 shares during the last quarter. Finally, Signature Equity Partners LLC boosted its stake in Pacer US Export Leaders ETF by 19.0% in the third quarter. Signature Equity Partners LLC now owns 7,297 shares of the company’s stock valued at $539,000 after acquiring an additional 1,163 shares in the last quarter.

About Pacer US Export Leaders ETF

The Pacer US Export Leaders ETF (PEXL) is an exchange-traded fund that is based on the Pacer US Export Leaders ETF index. The fund tracks an equally-weighted index of large- and mid-cap US stocks selected based on foreign sales and free cash flow growth. PEXL was launched on Jul 23, 2018 and is managed by Pacer.