Short Interest in Pacer PE/VC ETF (NYSEARCA:PEVC) Expands By 1,765.2%

Pacer PE/VC ETF (NYSEARCA:PEVC) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 429 shares, a growth of 1,765.2% from the June 30th total of 23 shares. Based on an average trading volume of 545 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.5% of the shares of the company are short sold.

Institutional Investors Weigh In On Pacer PE/VC ETF

A hedge fund recently raised its stake in Pacer PE/VC ETF stock. Royal Bank of Canada grew its position in shares of Pacer PE/VC ETF (NYSEARCA:PEVC) by 910.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,848 shares of the company’s stock after buying an additional 5,269 shares during the quarter. Royal Bank of Canada owned 7.31% of Pacer PE/VC ETF worth $152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Pacer PE/VC ETF Stock Performance

Shares of PEVC traded up $0.04 during mid-day trading on Friday, hitting $29.52. 11 shares of the company traded hands, compared to its average volume of 1,223. The stock has a 50-day moving average price of $29.91 and a two-hundred day moving average price of $28.60. Pacer PE/VC ETF has a 1 year low of $24.36 and a 1 year high of $32.21. The stock has a market cap of $2.36 million, a price-to-earnings ratio of 30.12 and a beta of 1.39.

Pacer PE/VC ETF Company Profile

The Pacer PE/VC ETF (PEVC) is an exchange-traded fund that is based on the FTSE PE/VC index. The fund tracks an index that provides access to private equity (PE) buyouts and venture capital (VC) assets through shifting allocations between two sub-indices. Investments focus on US large-cap stocks, aiming to mirror the risk-return characteristics of private markets through equities, ETFs, and futures contracts. PEVC was launched on Feb 3, 2025 and is issued by Pacer.