Pacer PE/VC ETF (NYSEARCA:PEVC) Short Interest Update

Pacer PE/VC ETF (NYSEARCA:PEVC) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 429 shares, an increase of 1,765.2% from the June 30th total of 23 shares. Based on an average daily volume of 545 shares, the short-interest ratio is presently 0.8 days. Approximately 0.5% of the company’s shares are sold short.

Hedge Funds Weigh In On Pacer PE/VC ETF

A hedge fund recently raised its position in Pacer PE/VC ETF stock. Royal Bank of Canada increased its stake in shares of Pacer PE/VC ETF (NYSEARCA:PEVC) by 910.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,848 shares of the company’s stock after purchasing an additional 5,269 shares during the quarter. Royal Bank of Canada owned approximately 7.31% of Pacer PE/VC ETF worth $152,000 as of its most recent filing with the SEC.

Pacer PE/VC ETF Stock Up 0.1%

Shares of PEVC traded up $0.04 during mid-day trading on Friday, reaching $29.52. The company’s stock had a trading volume of 11 shares, compared to its average volume of 1,223. The company has a market cap of $2.36 million, a price-to-earnings ratio of 30.12 and a beta of 1.39. The business has a fifty day moving average of $29.91 and a 200 day moving average of $28.60. Pacer PE/VC ETF has a 1 year low of $24.36 and a 1 year high of $32.21.

About Pacer PE/VC ETF

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.