Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Get Free Report) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,549 shares, an increase of 254.5% from the June 30th total of 437 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 22,846 shares, the short-interest ratio is presently 0.1 days.
Pacer Trendpilot 100 ETF Price Performance
Pacer Trendpilot 100 ETF stock traded down $1.02 during mid-day trading on Friday, reaching $82.45. 24,472 shares of the stock traded hands, compared to its average volume of 35,380. Pacer Trendpilot 100 ETF has a 12-month low of $71.25 and a 12-month high of $90.15. The stock has a market capitalization of $1.20 billion, a PE ratio of 33.04 and a beta of 0.65. The business’s 50-day moving average is $86.66 and its 200-day moving average is $81.17.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in PTNQ. Motiv8 Investments LLC bought a new stake in Pacer Trendpilot 100 ETF during the 4th quarter worth approximately $35,000. Farther Finance Advisors LLC bought a new position in shares of Pacer Trendpilot 100 ETF during the 4th quarter valued at about $40,000. Arax Advisory Partners bought a new position in Pacer Trendpilot 100 ETF during the fourth quarter valued at approximately $40,000. Flagship Harbor Advisors LLC purchased a new position in shares of Pacer Trendpilot 100 ETF in the fourth quarter valued at $55,000. Finally, Realta Investment Advisors purchased a new position in shares of Pacer Trendpilot 100 ETF in the 1st quarter worth $55,000.
About Pacer Trendpilot 100 ETF
The Pacer Trendpilot 100 ETF (PTNQ) is an exchange-traded fund that is based on the Pacer NASDAQ-100 Trendpilot index. The fund tracks an index that holds the NASDAQ-100 securities and/or 3-month US T-bills according to momentum. PTNQ was launched on Jun 11, 2015 and is managed by Pacer.
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