Short Interest in Pacer Trendpilot European Index ETF (BATS:PTEU) Rises By 1,011.4%

Pacer Trendpilot European Index ETF (BATS:PTEU) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 1,845 shares, a growth of 1,011.4% from the June 30th total of 166 shares. Based on an average daily volume of 2,043 shares, the short-interest ratio is currently 0.9 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its holdings in Pacer Trendpilot European Index ETF by 1.0% in the fourth quarter. LPL Financial LLC now owns 52,828 shares of the company’s stock worth $1,623,000 after acquiring an additional 546 shares in the last quarter. Citadel Advisors LLC increased its holdings in shares of Pacer Trendpilot European Index ETF by 4.1% during the third quarter. Citadel Advisors LLC now owns 20,133 shares of the company’s stock valued at $602,000 after acquiring an additional 799 shares in the last quarter. Capital Investment Advisory Services LLC raised its position in shares of Pacer Trendpilot European Index ETF by 2.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 30,430 shares of the company’s stock worth $935,000 after purchasing an additional 836 shares during the last quarter. Stifel Financial Corp raised its position in shares of Pacer Trendpilot European Index ETF by 4.0% in the 4th quarter. Stifel Financial Corp now owns 40,839 shares of the company’s stock worth $1,255,000 after purchasing an additional 1,565 shares during the last quarter. Finally, J2 Capital Management Inc boosted its stake in Pacer Trendpilot European Index ETF by 3.2% in the 1st quarter. J2 Capital Management Inc now owns 117,010 shares of the company’s stock worth $3,487,000 after purchasing an additional 3,677 shares in the last quarter.

Pacer Trendpilot European Index ETF Stock Up 0.5%

Shares of PTEU opened at $32.81 on Friday. The stock has a market cap of $42.65 million, a P/E ratio of 16.12 and a beta of 0.43. The business’s 50 day moving average price is $32.90 and its 200-day moving average price is $31.95. Pacer Trendpilot European Index ETF has a 52 week low of $27.67 and a 52 week high of $33.81.

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.