Short Interest in Pacer PE/VC ETF (NYSEARCA:PEVC) Decreases By 94.3%

Pacer PE/VC ETF (NYSEARCA:PEVC) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 169 shares, a drop of 94.3% from the April 30th total of 2,970 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 1,269 shares, the short-interest ratio is currently 0.1 days.

Pacer PE/VC ETF Stock Performance

PEVC remained flat at $30.39 during trading on Wednesday. The company had a trading volume of 122 shares, compared to its average volume of 1,583. The stock has a market cap of $2.43 million, a PE ratio of 30.12 and a beta of 1.34. Pacer PE/VC ETF has a 52-week low of $24.36 and a 52-week high of $32.21. The firm’s fifty day moving average price is $28.03 and its 200-day moving average price is $28.31.

Hedge Funds Weigh In On Pacer PE/VC ETF

An institutional investor recently raised its position in Pacer PE/VC ETF stock. Royal Bank of Canada raised its stake in shares of Pacer PE/VC ETF (NYSEARCA:PEVC) by 910.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,848 shares of the company’s stock after buying 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 quarter.

Pacer PE/VC ETF Company Profile

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.