Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) Short Interest Update

Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 3,909 shares, a decline of 50.4% from the May 31st total of 7,885 shares. Based on an average daily trading volume, of 19,161 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Pacer Trendpilot US Mid Cap ETF

Several hedge funds have recently made changes to their positions in PTMC. Ancora Advisors LLC acquired a new stake in Pacer Trendpilot US Mid Cap ETF during the third quarter valued at approximately $38,000. International Assets Investment Management LLC acquired a new position in Pacer Trendpilot US Mid Cap ETF in the fourth quarter worth approximately $62,000. Northwestern Mutual Wealth Management Co. grew its position in Pacer Trendpilot US Mid Cap ETF by 34.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,865 shares of the company’s stock worth $65,000 after buying an additional 479 shares during the last quarter. Ameriflex Group Inc. increased its holdings in shares of Pacer Trendpilot US Mid Cap ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 2,222 shares of the company’s stock valued at $80,000 after buying an additional 1,111 shares in the last quarter. Finally, Western Wealth Management LLC bought a new position in shares of Pacer Trendpilot US Mid Cap ETF in the first quarter valued at $104,000.

Pacer Trendpilot US Mid Cap ETF Stock Down 0.8%

Shares of Pacer Trendpilot US Mid Cap ETF stock opened at $41.49 on Thursday. The business has a fifty day simple moving average of $40.24 and a 200-day simple moving average of $38.45. Pacer Trendpilot US Mid Cap ETF has a fifty-two week low of $33.60 and a fifty-two week high of $41.87. The firm has a market cap of $520.70 million, a price-to-earnings ratio of 17.49 and a beta of 0.55.

Pacer Trendpilot US Mid Cap ETF Company Profile

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.