Pacer Trendpilot European Index ETF (BATS:PTEU) Stock Short Interest Declines 86.3%

Pacer Trendpilot European Index ETF (BATS:PTEU – Get Free Report) saw a significant decline in short interest in October. As of October 30th, there was short interest totaling 145 shares, a decline of 86.3% from the October 15th total of 1,059 shares. Based on an average daily trading volume, of 963 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Pacer Trendpilot European Index ETF Stock Performance

Shares of Pacer Trendpilot European Index ETF stock opened at $32.77 on Wednesday. The firm has a 50-day simple moving average of $32.61 and a two-hundred day simple moving average of $32.43. The company has a market cap of $34.41 million, a P/E ratio of 16.60 and a beta of 0.44. Pacer Trendpilot European Index ETF has a fifty-two week low of $28.85 and a fifty-two week high of $34.92.

Hedge Funds Weigh In On Pacer Trendpilot European Index ETF

Several institutional investors and hedge funds have recently modified their holdings of PTEU. Gimbal Financial raised its holdings in Pacer Trendpilot European Index ETF by 8.0% in the 3rd quarter. Gimbal Financial now owns 9,996 shares of the company’s stock worth $326,000 after purchasing an additional 743 shares during the period. Citadel Advisors LLC grew its holdings in Pacer Trendpilot European Index ETF by 51.2% in the second quarter. Citadel Advisors LLC now owns 11,674 shares of the company’s stock valued at $389,000 after purchasing an additional 3,952 shares during the period. Finally, Mather Group LLC. acquired a new stake in Pacer Trendpilot European Index ETF in the third quarter valued at approximately $534,000.

Pacer Trendpilot European Index ETF Company Profile

(Get Free Report)

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.

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