Pacer Trendpilot International ETF (NYSEARCA:PTIN) Short Interest Update

Pacer Trendpilot International ETF (NYSEARCA:PTIN) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 29,851 shares, an increase of 69.1% from the April 30th total of 17,656 shares. Based on an average daily trading volume, of 8,655 shares, the days-to-cover ratio is presently 3.4 days. Approximately 0.6% of the company’s shares are short sold.

Pacer Trendpilot International ETF Stock Down 0.6%

PTIN stock traded down $0.21 during midday trading on Wednesday, reaching $36.81. The stock had a trading volume of 5,056 shares, compared to its average volume of 20,537. The firm has a market cap of $193.25 million, a price-to-earnings ratio of 16.15 and a beta of 0.53. Pacer Trendpilot International ETF has a twelve month low of $25.50 and a twelve month high of $37.04. The business has a fifty day simple moving average of $34.58 and a two-hundred day simple moving average of $33.46.

Hedge Funds Weigh In On Pacer Trendpilot International ETF

Several large investors have recently bought and sold shares of the business. Steward Partners Investment Advisory LLC grew its holdings in Pacer Trendpilot International ETF by 1.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 31,393 shares of the company’s stock worth $987,000 after acquiring an additional 299 shares during the period. Orion Porfolio Solutions LLC lifted its stake in shares of Pacer Trendpilot International ETF by 4.6% in the 4th quarter. Orion Porfolio Solutions LLC now owns 7,990 shares of the company’s stock valued at $251,000 after purchasing an additional 350 shares during the period. Concurrent Investment Advisors LLC lifted its stake in shares of Pacer Trendpilot International ETF by 4.3% in the 4th quarter. Concurrent Investment Advisors LLC now owns 9,917 shares of the company’s stock valued at $312,000 after purchasing an additional 405 shares during the period. Private Advisor Group LLC boosted its position in shares of Pacer Trendpilot International ETF by 4.0% in the 3rd quarter. Private Advisor Group LLC now owns 15,452 shares of the company’s stock worth $471,000 after purchasing an additional 596 shares during the last quarter. Finally, MBL Wealth LLC boosted its position in shares of Pacer Trendpilot International ETF by 0.3% in the 4th quarter. MBL Wealth LLC now owns 246,776 shares of the company’s stock worth $7,761,000 after purchasing an additional 778 shares during the last quarter.

Pacer Trendpilot International ETF Company Profile

The Pacer Trendpilot International ETF (PTIN) is an exchange-traded fund that is based on the Pacer Trendpilot International index. The fund tracks an index that allocates to a proprietary ex-US Large-Cap Index and\u002For 3-month US T-bills, according to momentum. PTIN was launched on May 2, 2019 and is managed by Pacer.