Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) Short Interest Update

Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 4,570 shares, a decline of 48.6% from the August 15th total of 8,887 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 16,169 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Citadel Advisors LLC boosted its position in Pacer Trendpilot US Mid Cap ETF by 41.0% during the second quarter. Citadel Advisors LLC now owns 30,218 shares of the company’s stock valued at $1,264,000 after purchasing an additional 8,794 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in Pacer Trendpilot US Mid Cap ETF in the second quarter worth about $56,000. Unique Wealth LLC purchased a new stake in shares of Pacer Trendpilot US Mid Cap ETF during the second quarter valued at about $565,000. NewEdge Advisors LLC lifted its position in shares of Pacer Trendpilot US Mid Cap ETF by 4.4% during the first quarter. NewEdge Advisors LLC now owns 263,828 shares of the company’s stock valued at $9,648,000 after buying an additional 11,203 shares during the last quarter. Finally, Western Wealth Management LLC bought a new stake in shares of Pacer Trendpilot US Mid Cap ETF in the 1st quarter valued at about $104,000.

Pacer Trendpilot US Mid Cap ETF Price Performance

BATS:PTMC opened at $39.52 on Thursday. Pacer Trendpilot US Mid Cap ETF has a 1-year low of $34.11 and a 1-year high of $42.61. The company has a 50-day moving average of $41.15 and a 200 day moving average of $39.84. The firm has a market cap of $495.98 million, a PE ratio of 17.49 and a beta of 0.55.

Pacer Trendpilot US Mid Cap ETF Company Profile

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