Pacer US Export Leaders ETF (NYSEARCA:PEXL) Short Interest Up 148.4% in April

Pacer US Export Leaders ETF (NYSEARCA:PEXL) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 4,993 shares, a growth of 148.4% from the April 15th total of 2,010 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average trading volume of 2,149 shares, the days-to-cover ratio is presently 2.3 days.

Institutional Trading of Pacer US Export Leaders ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Thoroughbred Financial Services LLC increased its stake in shares of Pacer US Export Leaders ETF by 1.4% in the fourth quarter. Thoroughbred Financial Services LLC now owns 13,732 shares of the company’s stock worth $837,000 after acquiring an additional 185 shares during the period. Citadel Advisors LLC increased its stake in shares of Pacer US Export Leaders ETF by 18.4% in the third quarter. Citadel Advisors LLC now owns 7,169 shares of the company’s stock worth $411,000 after acquiring an additional 1,116 shares during the period. Cetera Investment Advisers increased its stake in shares of Pacer US Export Leaders ETF by 22.0% in the second quarter. Cetera Investment Advisers now owns 8,514 shares of the company’s stock worth $442,000 after acquiring an additional 1,537 shares during the period. Jane Street Group LLC grew its position in Pacer US Export Leaders ETF by 211.3% during the first quarter. Jane Street Group LLC now owns 19,544 shares of the company’s stock valued at $892,000 after buying an additional 13,266 shares during the period. Finally, Susquehanna International Group LLP grew its position in Pacer US Export Leaders ETF by 34.7% during the third quarter. Susquehanna International Group LLP now owns 27,678 shares of the company’s stock valued at $1,587,000 after buying an additional 7,129 shares during the period.

Pacer US Export Leaders ETF Stock Down 1.4%

Shares of NYSEARCA:PEXL traded down $1.01 during midday trading on Friday, reaching $69.49. The company’s stock had a trading volume of 1,980 shares, compared to its average volume of 2,152. The firm has a market capitalization of $47.25 million, a PE ratio of 21.77 and a beta of 1.24. Pacer US Export Leaders ETF has a twelve month low of $47.68 and a twelve month high of $70.74. The stock has a fifty day moving average of $63.42 and a 200 day moving average of $61.88.

About Pacer US Export Leaders ETF

The Pacer US Export Leaders ETF (PEXL) is an exchange-traded fund that is based on the Pacer US Export Leaders ETF index. The fund tracks an equally-weighted index of large- and mid-cap US stocks selected based on foreign sales and free cash flow growth. PEXL was launched on Jul 23, 2018 and is managed by Pacer.