Pacer Trendpilot European Index ETF (BATS:PTEU) Short Interest Up 654.5% in June

Pacer Trendpilot European Index ETF (BATS:PTEU) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 166 shares, an increase of 654.5% from the June 15th total of 22 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,129 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Pacer Trendpilot European Index ETF

Several hedge funds and other institutional investors have recently modified their holdings of PTEU. International Assets Investment Management LLC purchased a new stake in Pacer Trendpilot European Index ETF during the 4th quarter worth approximately $128,000. MGO One Seven LLC purchased a new position in shares of Pacer Trendpilot European Index ETF in the fourth quarter worth $203,000. Wealthspire Retirement LLC purchased a new position in shares of Pacer Trendpilot European Index ETF in the fourth quarter worth $313,000. Osaic Holdings Inc. lifted its stake in shares of Pacer Trendpilot European Index ETF by 197.8% during the second quarter. Osaic Holdings Inc. now owns 11,273 shares of the company’s stock worth $324,000 after buying an additional 7,488 shares during the period. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of Pacer Trendpilot European Index ETF during the fourth quarter worth $480,000.

Pacer Trendpilot European Index ETF Price Performance

BATS PTEU traded down $0.05 on Friday, reaching $33.08. 4,664 shares of the company’s stock traded hands, compared to its average volume of 2,830. The stock has a market cap of $43.00 million, a PE ratio of 16.12 and a beta of 0.43. The stock has a 50-day simple moving average of $32.71 and a 200 day simple moving average of $31.82. Pacer Trendpilot European Index ETF has a 12 month low of $27.67 and a 12 month high of $33.81.

Pacer Trendpilot European Index ETF Company Profile

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.