Pacer US Export Leaders ETF (NYSEARCA:PEXL) Short Interest Update

Pacer US Export Leaders ETF (NYSEARCA:PEXL) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 7,621 shares, a growth of 89.2% from the January 15th total of 4,029 shares. Based on an average trading volume of 3,283 shares, the short-interest ratio is currently 2.3 days. Approximately 1.2% of the company’s stock are short sold. Approximately 1.2% of the company’s stock are short sold. Based on an average trading volume of 3,283 shares, the short-interest ratio is currently 2.3 days.

Pacer US Export Leaders ETF Stock Up 0.3%

PEXL traded up $0.18 on Friday, reaching $61.86. The company’s stock had a trading volume of 8,898 shares, compared to its average volume of 3,227. The company has a market capitalization of $38.35 million, a price-to-earnings ratio of 21.77 and a beta of 1.20. Pacer US Export Leaders ETF has a fifty-two week low of $38.05 and a fifty-two week high of $64.26. The stock has a 50 day moving average of $62.07 and a two-hundred day moving average of $58.73.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Western Wealth Management LLC acquired a new stake in Pacer US Export Leaders ETF during the 4th quarter worth $209,000. Citadel Advisors LLC grew its holdings in shares of Pacer US Export Leaders ETF by 18.4% during the third quarter. Citadel Advisors LLC now owns 7,169 shares of the company’s stock worth $411,000 after purchasing an additional 1,116 shares during the last quarter. PFG Advisors grew its holdings 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 purchasing an additional 915 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Pacer US Export Leaders ETF by 22.0% during the second quarter. Cetera Investment Advisers now owns 8,514 shares of the company’s stock worth $442,000 after purchasing an additional 1,537 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in shares of Pacer US Export Leaders ETF by 87.4% in the 2nd quarter. Osaic Holdings Inc. now owns 13,696 shares of the company’s stock valued at $711,000 after purchasing an additional 6,388 shares during the last quarter.

Pacer US Export Leaders ETF Company Profile

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.