Pacer PE/VC ETF (NYSEARCA:PEVC) Sees Large Decline in Short Interest

Pacer PE/VC ETF (NYSEARCA:PEVC) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 24 shares, a drop of 40.0% from the July 30th total of 40 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 302 shares, the days-to-cover ratio is presently 0.1 days.

Pacer PE/VC ETF Stock Performance

Shares of NYSEARCA PEVC remained flat at $31.41 during mid-day trading on Wednesday. The company had a trading volume of 25 shares, compared to its average volume of 1,053. The business has a fifty day moving average price of $30.69 and a 200-day moving average price of $29.15. The stock has a market capitalization of $2.51 million, a PE ratio of 30.12 and a beta of 1.40. Pacer PE/VC ETF has a twelve month low of $24.36 and a twelve month high of $32.45.

Institutional Trading of Pacer PE/VC ETF

A hedge fund recently bought a new position in Pacer PE/VC ETF stock. Nwam LLC acquired a new stake in Pacer PE/VC ETF (NYSEARCA:PEVC) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 34,043 shares of the company’s stock, valued at approximately $747,000. Nwam LLC owned 42.55% of Pacer PE/VC ETF as of its most recent filing with the SEC.

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.