Pacer Trendpilot European Index ETF (BATS:PTEU) Short Interest Down 84.0% in May

Pacer Trendpilot European Index ETF (BATS:PTEU) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 67 shares, a decrease of 84.0% from the May 14th total of 418 shares. Based on an average daily volume of 1,278 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Pacer Trendpilot European Index ETF

Several large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC purchased a new position in shares of Pacer Trendpilot European Index ETF in the 2nd quarter valued at $1,945,000. Osaic Holdings Inc. lifted its stake in shares of Pacer Trendpilot European Index ETF by 197.8% in the second quarter. Osaic Holdings Inc. now owns 11,273 shares of the company’s stock valued at $324,000 after purchasing an additional 7,488 shares during the period. Citadel Advisors LLC grew its position in Pacer Trendpilot European Index ETF by 4.1% during the third quarter. Citadel Advisors LLC now owns 20,133 shares of the company’s stock worth $602,000 after buying an additional 799 shares during the period. J2 Capital Management Inc boosted its stake in shares of Pacer Trendpilot European Index ETF by 3.5% during the 4th quarter. J2 Capital Management Inc now owns 113,333 shares of the company’s stock worth $3,482,000 after acquiring an additional 3,834 shares in the last quarter. Finally, Capital Investment Advisory Services LLC grew its holdings in shares of Pacer Trendpilot European Index ETF by 2.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 30,430 shares of the company’s stock worth $935,000 after acquiring an additional 836 shares during the period.

Pacer Trendpilot European Index ETF Stock Up 3.0%

Shares of BATS PTEU opened at $33.19 on Friday. The stock has a market capitalization of $43.15 million, a price-to-earnings ratio of 16.12 and a beta of 0.43. The firm has a 50-day simple moving average of $31.99 and a 200-day simple moving average of $31.45. Pacer Trendpilot European Index ETF has a 52 week low of $27.65 and a 52 week high of $33.21.

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.