Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Get Free Report) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 4,593 shares, a growth of 190.7% from the April 30th total of 1,580 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 39,623 shares, the days-to-cover ratio is currently 0.1 days.
Pacer Trendpilot 100 ETF Stock Performance
PTNQ traded up $0.35 on Friday, reaching $89.02. The company had a trading volume of 36,773 shares, compared to its average volume of 37,814. The business has a 50 day simple moving average of $79.77 and a 200 day simple moving average of $79.13. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 33.04 and a beta of 0.63. Pacer Trendpilot 100 ETF has a 52-week low of $66.15 and a 52-week high of $89.28.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Motiv8 Investments LLC bought a new position in Pacer Trendpilot 100 ETF during the fourth quarter valued at approximately $35,000. Farther Finance Advisors LLC bought a new position in Pacer Trendpilot 100 ETF during the fourth quarter valued at approximately $40,000. Arax Advisory Partners bought a new position in Pacer Trendpilot 100 ETF during the fourth quarter valued at approximately $40,000. Flagship Harbor Advisors LLC bought a new position in Pacer Trendpilot 100 ETF during the fourth quarter valued at approximately $55,000. Finally, Realta Investment Advisors bought a new position in Pacer Trendpilot 100 ETF during the first quarter valued at approximately $55,000.
Pacer Trendpilot 100 ETF Company Profile
The Pacer Trendpilot 100 ETF (PTNQ) is an exchange-traded fund that is based on the Pacer NASDAQ-100 Trendpilot index. The fund tracks an index that holds the NASDAQ-100 securities and/or 3-month US T-bills according to momentum. PTNQ was launched on Jun 11, 2015 and is managed by Pacer.
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