Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Stock Short Interest Rises 181.5%

Pacer Trendpilot US Large Cap ETF (BATS:PTLC) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 27,751 shares, a growth of 181.5% from the September 15th total of 9,860 shares. Based on an average daily volume of 96,825 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Pacer Trendpilot US Large Cap ETF Price Performance

Shares of PTLC opened at $60.75 on Tuesday. The stock’s 50-day moving average is $59.92 and its two-hundred day moving average is $57.89. The stock has a market cap of $3.98 billion, a PE ratio of 25.78 and a beta of 0.60. Pacer Trendpilot US Large Cap ETF has a 12 month low of $51.58 and a 12 month high of $61.04.

Institutional Investors Weigh In On Pacer Trendpilot US Large Cap ETF

Several hedge funds have recently modified their holdings of PTLC. World Investment Advisors boosted its holdings in Pacer Trendpilot US Large Cap ETF by 1.4% in the 1st quarter. World Investment Advisors now owns 12,893 shares of the company’s stock worth $676,000 after acquiring an additional 184 shares during the period. Post Resch Tallon Group Inc. grew its position in Pacer Trendpilot US Large Cap ETF by 5.5% in the second quarter. Post Resch Tallon Group Inc. now owns 5,750 shares of the company’s stock valued at $335,000 after acquiring an additional 300 shares in the last quarter. Whitaker Myers Wealth Managers LTD. raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 0.9% during the second quarter. Whitaker Myers Wealth Managers LTD. now owns 48,722 shares of the company’s stock valued at $2,839,000 after purchasing an additional 429 shares during the period. Titleist Asset Management LLC raised its stake in shares of Pacer Trendpilot US Large Cap ETF by 5.1% during the third quarter. Titleist Asset Management LLC now owns 9,167 shares of the company’s stock valued at $546,000 after purchasing an additional 447 shares during the period. Finally, Hyundai Investments Co. Ltd. lifted its position in shares of Pacer Trendpilot US Large Cap ETF by 4.6% during the second quarter. Hyundai Investments Co. Ltd. now owns 10,806 shares of the company’s stock worth $624,000 after purchasing an additional 473 shares in the last quarter.

Pacer Trendpilot US Large Cap ETF Company Profile

The Pacer Trendpilot US Large Cap ETF (PTLC) is an exchange-traded fund that is based on the Pacer Trendpilot US Large Cap index. The fund tracks an index that allocates to a proprietary US large-cap index and\u002For 3-month US T-bills, according to momentum. PTLC was launched on Jun 11, 2015 and is managed by Pacer.