Pacer Trendpilot European Index ETF (BATS:PTEU) Short Interest Down 67.2% in June

Pacer Trendpilot European Index ETF (BATS:PTEU) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 22 shares, a decrease of 67.2% from the May 31st total of 67 shares. Based on an average trading volume of 1,141 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Pacer Trendpilot European Index ETF Trading Up 1.0%

Shares of BATS PTEU opened at $33.04 on Tuesday. The firm has a market capitalization of $42.95 million, a price-to-earnings ratio of 16.12 and a beta of 0.43. Pacer Trendpilot European Index ETF has a one year low of $27.67 and a one year high of $33.81. The business has a fifty day simple moving average of $32.45 and a 200 day simple moving average of $31.68.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PTEU. International Assets Investment Management LLC bought a new position in Pacer Trendpilot European Index ETF in the 4th quarter valued at $128,000. MGO One Seven LLC bought a new stake in Pacer Trendpilot European Index ETF in the fourth quarter valued at about $203,000. Wealthspire Retirement LLC bought a new stake in shares of Pacer Trendpilot European Index ETF in the 4th quarter valued at about $313,000. Osaic Holdings Inc. boosted its stake in Pacer Trendpilot European Index ETF by 197.8% during the 2nd quarter. Osaic Holdings Inc. now owns 11,273 shares of the company’s stock worth $324,000 after acquiring an additional 7,488 shares during the last quarter. Finally, Goldman Sachs Group Inc. bought a new position in Pacer Trendpilot European Index ETF during the fourth quarter worth about $480,000.

About Pacer Trendpilot European Index ETF

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.