Pacer Trendpilot European Index ETF (BATS:PTEU) Short Interest Down 77.2% in July

Pacer Trendpilot European Index ETF (BATS:PTEU) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 420 shares, a drop of 77.2% from the July 15th total of 1,845 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,135 shares, the short-interest ratio is presently 0.2 days.

Pacer Trendpilot European Index ETF Price Performance

PTEU opened at $34.55 on Thursday. Pacer Trendpilot European Index ETF has a 12 month low of $28.28 and a 12 month high of $34.90. The stock has a market capitalization of $44.91 million, a price-to-earnings ratio of 16.12 and a beta of 0.43. The business has a fifty day moving average price of $33.28 and a 200 day moving average price of $32.18.

Hedge Funds Weigh In On Pacer Trendpilot European Index ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. J2 Capital Management Inc grew its position in shares of Pacer Trendpilot European Index ETF by 3.2% during the first quarter. J2 Capital Management Inc now owns 117,010 shares of the company’s stock worth $3,487,000 after buying an additional 3,677 shares in the last quarter. Jane Street Group LLC acquired a new stake in Pacer Trendpilot European Index ETF in the second quarter valued at approximately $1,945,000. LPL Financial LLC raised its holdings in Pacer Trendpilot European Index ETF by 1.0% in the fourth quarter. LPL Financial LLC now owns 52,828 shares of the company’s stock valued at $1,623,000 after acquiring an additional 546 shares in the last quarter. Stifel Financial Corp lifted its stake in Pacer Trendpilot European Index ETF by 4.0% in the fourth quarter. Stifel Financial Corp now owns 40,839 shares of the company’s stock worth $1,255,000 after acquiring an additional 1,565 shares during the last quarter. Finally, Citadel Advisors LLC lifted its stake in Pacer Trendpilot European Index ETF by 4.1% in the third quarter. Citadel Advisors LLC now owns 20,133 shares of the company’s stock worth $602,000 after acquiring an additional 799 shares during the last quarter.

About Pacer Trendpilot European Index ETF

The Pacer Trendpilot European Index ETF (PTEU) is an exchange-traded fund that is based on the Pacer Trendpilot European index. The fund tracks an index of large- and mid-cap eurozone equities selected and weighted by market cap. Stocks can be mixed with or replaced by US Treasury bills based on momentum. PTEU was launched on Dec 15, 2015 and is managed by Pacer.