Pacer PE/VC ETF (NYSEARCA:PEVC) Sees Significant Drop in Short Interest

Pacer PE/VC ETF (NYSEARCA:PEVC) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 40 shares, a decrease of 90.7% from the July 15th total of 429 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 108 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Pacer PE/VC ETF

An institutional investor recently raised its position in Pacer PE/VC ETF stock. Royal Bank of Canada raised its holdings in shares of Pacer PE/VC ETF (NYSEARCA:PEVC) by 910.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,848 shares of the company’s stock after acquiring an additional 5,269 shares during the period. Royal Bank of Canada owned about 7.31% of Pacer PE/VC ETF worth $152,000 at the end of the most recent reporting period.

Pacer PE/VC ETF Price Performance

PEVC stock traded down $0.17 during mid-day trading on Tuesday, hitting $31.96. 24 shares of the stock were exchanged, compared to its average volume of 1,140. The business has a fifty day moving average price of $30.01 and a 200 day moving average price of $28.78. Pacer PE/VC ETF has a 12 month low of $24.36 and a 12 month high of $32.21. The stock has a market capitalization of $2.56 million, a price-to-earnings ratio of 30.12 and a beta of 1.38.

Pacer PE/VC ETF Company Profile

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.