Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC) Short Interest Update

Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 211 shares, a decline of 91.0% from the July 15th total of 2,337 shares. Based on an average trading volume of 5,958 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Pacer Lunt Large Cap Multi-Factor Alternator ETF

A hedge fund recently bought a new stake in Pacer Lunt Large Cap Multi-Factor Alternator ETF stock. JPMorgan Chase & Co. acquired a new stake in Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 29,022 shares of the company’s stock, valued at approximately $1,502,000. JPMorgan Chase & Co. owned about 0.54% of Pacer Lunt Large Cap Multi-Factor Alternator ETF at the end of the most recent quarter.

Pacer Lunt Large Cap Multi-Factor Alternator ETF Stock Performance

Shares of NYSEARCA PALC traded up $0.40 during mid-day trading on Thursday, reaching $58.57. The company had a trading volume of 7,545 shares, compared to its average volume of 15,535. Pacer Lunt Large Cap Multi-Factor Alternator ETF has a twelve month low of $49.56 and a twelve month high of $59.77. The stock’s 50 day moving average is $57.23 and its 200-day moving average is $55.37. The stock has a market capitalization of $222.57 million, a PE ratio of -41.48 and a beta of 0.93.

About Pacer Lunt Large Cap Multi-Factor Alternator ETF

The Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in US large cap equities that allocates to multi-factor sub-indices based on relative strength. PALC was launched on Jun 24, 2020 and is managed by Pacer.