Short Interest in Pacer Trendpilot European Index ETF (BATS:PTEU) Drops By 77.2%

Pacer Trendpilot European Index ETF (BATS:PTEU) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 420 shares, a decline of 77.2% from the July 15th total of 1,845 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 2,135 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Pacer Trendpilot European Index ETF

Several hedge funds have recently added to or reduced their stakes in the business. J2 Capital Management Inc grew its holdings in Pacer Trendpilot European Index ETF by 3.2% in the 1st quarter. J2 Capital Management Inc now owns 117,010 shares of the company’s stock valued at $3,487,000 after buying an additional 3,677 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Pacer Trendpilot European Index ETF during the second quarter worth approximately $1,945,000. LPL Financial LLC boosted its position in shares of Pacer Trendpilot European Index ETF by 1.0% in the fourth quarter. LPL Financial LLC now owns 52,828 shares of the company’s stock valued at $1,623,000 after acquiring an additional 546 shares during the period. Stifel Financial Corp boosted its position in shares of Pacer Trendpilot European Index ETF by 4.0% in the fourth quarter. Stifel Financial Corp now owns 40,839 shares of the company’s stock valued at $1,255,000 after acquiring an additional 1,565 shares during the period. Finally, Citadel Advisors LLC grew its stake in shares of Pacer Trendpilot European Index ETF by 4.1% in the third quarter. Citadel Advisors LLC now owns 20,133 shares of the company’s stock worth $602,000 after acquiring an additional 799 shares during the last quarter.

Pacer Trendpilot European Index ETF Price Performance

PTEU stock opened at $34.84 on Friday. The stock has a market capitalization of $45.29 million, a price-to-earnings ratio of 16.12 and a beta of 0.43. The company has a 50-day moving average of $33.32 and a two-hundred day moving average of $32.21. Pacer Trendpilot European Index ETF has a 52-week low of $28.28 and a 52-week high of $34.92.

Pacer Trendpilot European Index ETF Company Profile

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.