Short Interest in Pacer PE/VC ETF (NYSEARCA:PEVC) Decreases By 90.7%

Pacer PE/VC ETF (NYSEARCA:PEVC) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 40 shares, a decline of 90.7% from the July 15th total of 429 shares. Based on an average trading volume of 108 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

Pacer PE/VC ETF Trading Up 1.4%

Shares of PEVC stock traded up $0.46 on Thursday, reaching $32.43. 809 shares of the stock were exchanged, compared to its average volume of 1,133. The company has a market capitalization of $2.59 million, a price-to-earnings ratio of 30.12 and a beta of 1.38. Pacer PE/VC ETF has a twelve month low of $24.36 and a twelve month high of $32.45. The business’s 50 day moving average price is $30.09 and its 200 day moving average price is $28.86.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Pacer PE/VC ETF stock. Royal Bank of Canada lifted its holdings in shares of Pacer PE/VC ETF (NYSEARCA:PEVC) by 910.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,848 shares of the company’s stock after acquiring an additional 5,269 shares during the period. Royal Bank of Canada owned 7.31% of Pacer PE/VC ETF worth $152,000 at the end of the most recent reporting period.

About Pacer PE/VC ETF

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.