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

Pacer US Export Leaders ETF (NYSEARCA:PEXL) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 4,743 shares, a growth of 142.6% from the December 15th total of 1,955 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily volume of 4,008 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily volume of 4,008 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.8% of the shares of the stock are short sold.

Pacer US Export Leaders ETF Price Performance

Pacer US Export Leaders ETF stock opened at $62.97 on Wednesday. The stock has a market capitalization of $37.78 million, a PE ratio of 21.77 and a beta of 1.20. The business has a 50 day simple moving average of $60.13 and a 200-day simple moving average of $57.28. Pacer US Export Leaders ETF has a 12 month low of $38.05 and a 12 month high of $63.00.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. CWM LLC purchased a new stake in Pacer US Export Leaders ETF during the 3rd quarter worth approximately $4,596,000. Harbour Investments Inc. boosted its stake in shares of Pacer US Export Leaders ETF by 4.2% in the second quarter. Harbour Investments Inc. now owns 24,148 shares of the company’s stock worth $1,254,000 after acquiring an additional 982 shares during the last quarter. Susquehanna International Group LLP increased its position in shares of Pacer US Export Leaders ETF by 34.7% during the third quarter. Susquehanna International Group LLP now owns 27,678 shares of the company’s stock worth $1,587,000 after purchasing an additional 7,129 shares in the last quarter. Jane Street Group LLC increased its position in shares of Pacer US Export Leaders ETF by 211.3% during the first quarter. Jane Street Group LLC now owns 19,544 shares of the company’s stock worth $892,000 after purchasing an additional 13,266 shares in the last quarter. Finally, Osaic Holdings Inc. raised its stake in 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.

About Pacer US Export Leaders ETF

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.