Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Short Interest Update

Pacer Trendpilot US Large Cap ETF (BATS:PTLC) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 37,476 shares, a growth of 108.3% from the July 30th total of 17,994 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 138,313 shares, the short-interest ratio is currently 0.3 days.

Pacer Trendpilot US Large Cap ETF Trading Down 0.2%

Shares of PTLC opened at $59.95 on Friday. The company has a market capitalization of $3.92 billion, a PE ratio of 25.78 and a beta of 0.60. Pacer Trendpilot US Large Cap ETF has a 12 month low of $51.58 and a 12 month high of $60.75. The stock’s 50-day moving average price is $58.78 and its two-hundred day moving average price is $56.86.

Hedge Funds Weigh In On Pacer Trendpilot US Large Cap ETF

A number of hedge funds have recently made changes to their positions in PTLC. Ancora Advisors LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the third quarter worth approximately $57,000. Sankala Group LLC acquired a new stake in Pacer Trendpilot US Large Cap ETF during the 4th quarter valued at approximately $77,000. Realta Investment Advisors increased its position in Pacer Trendpilot US Large Cap ETF by 179.9% during the 1st quarter. Realta Investment Advisors now owns 1,528 shares of the company’s stock valued at $80,000 after purchasing an additional 982 shares during the period. Root Financial Partners LLC bought a new position in Pacer Trendpilot US Large Cap ETF during the 4th quarter worth approximately $136,000. Finally, Castle Rock Wealth Management LLC bought a new position in Pacer Trendpilot US Large Cap ETF during the 2nd quarter worth approximately $217,000.

About Pacer Trendpilot US Large Cap ETF

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