Pacer WealthShield ETF (BATS:PWS) Stock Short Interest Report for September

Pacer WealthShield ETF (BATS:PWS) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,383 shares, an increase of 89.7% from the September 15th total of 729 shares. Based on an average daily trading volume, of 6,397 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc bought a new stake in Pacer WealthShield ETF during the second quarter worth approximately $27,000. Anchor Investment Management LLC purchased a new stake in Pacer WealthShield ETF during the second quarter valued at approximately $30,000. Ameritas Advisory Services LLC purchased a new stake in Pacer WealthShield ETF during the second quarter valued at approximately $51,000. Integrated Wealth Concepts LLC purchased a new stake in Pacer WealthShield ETF during the second quarter valued at approximately $55,000. Finally, Capital Analysts LLC bought a new stake in shares of Pacer WealthShield ETF in the 2nd quarter valued at approximately $151,000.

Pacer WealthShield ETF Trading Up 0.8%

Shares of BATS PWS opened at $32.12 on Friday. The firm’s 50-day moving average price is $32.81 and its 200-day moving average price is $32.38. The stock has a market capitalization of $27.30 million, a price-to-earnings ratio of 23.24 and a beta of 0.55. Pacer WealthShield ETF has a 12-month low of $31.18 and a 12-month high of $33.83.

About Pacer WealthShield ETF

The Pacer WealthShield ETF (PWS) is an exchange-traded fund that is based on the Pacer WealthShield index. The fund tracks an index that toggles between equity and Treasurys, or a combination of both, on a monthly basis depending on monthly moving averages. PWS was launched on Dec 11, 2017 and is managed by Pacer.