Pacer Trendpilot European Index ETF (BATS:PTEU) Stock Short Interest Drops 65.9%

Pacer Trendpilot European Index ETF (BATS:PTEU) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 332 shares, a decrease of 65.9% from the September 15th total of 975 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,097 shares, the days-to-cover ratio is currently 0.3 days.

Pacer Trendpilot European Index ETF Price Performance

Shares of BATS:PTEU opened at $31.88 on Wednesday. Pacer Trendpilot European Index ETF has a 1 year low of $28.85 and a 1 year high of $34.92. The firm has a market capitalization of $41.44 million, a price-to-earnings ratio of 16.12 and a beta of 0.43. The business’s 50 day moving average price is $33.61 and its 200-day moving average price is $32.81.

Hedge Funds Weigh In On Pacer Trendpilot European Index ETF

An institutional investor recently raised its stake in Pacer Trendpilot European Index ETF stock. Citadel Advisors LLC increased its stake in shares of Pacer Trendpilot European Index ETF (BATS:PTEU) by 51.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,674 shares of the company’s stock after purchasing an additional 3,952 shares during the period. Citadel Advisors LLC owned 0.90% of Pacer Trendpilot European Index ETF worth $389,000 as of its most recent filing with the Securities & Exchange Commission.

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.