Short Interest in Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Expands By 108.3%

Pacer Trendpilot US Large Cap ETF (BATS:PTLC) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 37,476 shares, a growth of 108.3% from the July 30th total of 17,994 shares. Based on an average trading volume of 138,313 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Pacer Trendpilot US Large Cap ETF

Institutional investors have recently made changes to their positions in the business. Ancora Advisors LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF in the 3rd quarter valued at approximately $57,000. Sankala Group LLC bought a new stake in Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at $77,000. Realta Investment Advisors grew its position in Pacer Trendpilot US Large Cap ETF by 179.9% in the 1st quarter. Realta Investment Advisors now owns 1,528 shares of the company’s stock worth $80,000 after purchasing an additional 982 shares during the last quarter. Root Financial Partners LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF in the 4th quarter worth $136,000. Finally, Benjamin Edwards Inc. bought a new position in shares of Pacer Trendpilot US Large Cap ETF during the 2nd quarter worth about $208,000.

Pacer Trendpilot US Large Cap ETF Trading Down 0.2%

BATS:PTLC opened at $59.95 on Friday. The firm has a market capitalization of $3.92 billion, a PE ratio of 25.78 and a beta of 0.60. Pacer Trendpilot US Large Cap ETF has a 1 year low of $51.58 and a 1 year high of $60.75. The firm’s fifty day simple moving average is $58.78 and its 200 day simple moving average is $56.86.

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.