Pacer US Export Leaders ETF (NYSEARCA:PEXL) Short Interest Down 95.4% in June

Pacer US Export Leaders ETF (NYSEARCA:PEXL) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 312 shares, a decrease of 95.4% from the May 31st total of 6,800 shares. Based on an average trading volume of 4,034 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Pacer US Export Leaders ETF Stock Performance

Shares of NYSEARCA:PEXL traded down $1.14 during trading on Friday, reaching $72.69. The stock had a trading volume of 690 shares, compared to its average volume of 2,297. Pacer US Export Leaders ETF has a 1-year low of $51.78 and a 1-year high of $75.68. The stock has a market cap of $49.43 million, a PE ratio of 21.77 and a beta of 1.25. The business has a fifty day moving average price of $70.78 and a 200-day moving average price of $64.82.

Institutional Investors Weigh In On Pacer US Export Leaders ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Western Wealth Management LLC purchased a new stake in shares of Pacer US Export Leaders ETF in the fourth quarter valued at approximately $209,000. Kestra Advisory Services LLC boosted its stake in shares of Pacer US Export Leaders ETF by 4.1% in the first quarter. Kestra Advisory Services LLC now owns 4,102 shares of the company’s stock valued at $241,000 after purchasing an additional 162 shares during the period. Signature Equity Partners LLC grew its stake in shares of Pacer US Export Leaders ETF by 3.3% in the first quarter. Signature Equity Partners LLC now owns 5,907 shares of the company’s stock worth $347,000 after acquiring an additional 187 shares in the last quarter. Citadel Advisors LLC grew its stake in Pacer US Export Leaders ETF by 18.4% during the 3rd quarter. Citadel Advisors LLC now owns 7,169 shares of the company’s stock worth $411,000 after purchasing an additional 1,116 shares in the last quarter. Finally, PFG Advisors increased its stake in shares of Pacer US Export Leaders ETF by 13.8% during the third quarter. PFG Advisors now owns 7,552 shares of the company’s stock worth $433,000 after buying an additional 915 shares during the period.

About Pacer US Export Leaders ETF

The Pacer US Export Leaders ETF (PEXL) is an exchange-traded fund that is based on the Pacer US Export Leaders ETF index. The fund tracks an equally-weighted index of large- and mid-cap US stocks selected based on foreign sales and free cash flow growth. PEXL was launched on Jul 23, 2018 and is managed by Pacer.