Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Stock Short Interest Declines 73.2%

Pacer Trendpilot US Large Cap ETF (BATS:PTLC) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 9,860 shares, a decline of 73.2% from the August 31st total of 36,847 shares. Based on an average daily volume of 72,740 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Pacer Trendpilot US Large Cap ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sankala Group LLC bought a new stake in Pacer Trendpilot US Large Cap ETF during the 4th quarter worth approximately $77,000. Realta Investment Advisors increased its stake in shares of Pacer Trendpilot US Large Cap ETF by 179.9% in the first quarter. Realta Investment Advisors now owns 1,528 shares of the company’s stock worth $80,000 after purchasing an additional 982 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF in the fourth quarter worth $136,000. Castle Rock Wealth Management LLC purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF in the second quarter worth $217,000. Finally, Assetmark Inc. raised its position in shares of Pacer Trendpilot US Large Cap ETF by 14.4% during the 1st quarter. Assetmark Inc. now owns 4,199 shares of the company’s stock valued at $220,000 after purchasing an additional 527 shares during the period.

Pacer Trendpilot US Large Cap ETF Stock Up 0.5%

Shares of PTLC opened at $60.25 on Friday. The business has a 50-day simple moving average of $59.41 and a two-hundred day simple moving average of $57.40. Pacer Trendpilot US Large Cap ETF has a 52 week low of $51.58 and a 52 week high of $60.75. The stock has a market cap of $3.94 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60.

Pacer Trendpilot US Large Cap ETF Company Profile

The Pacer Trendpilot US Large Cap ETF (PTLC) is an exchange-traded fund that is based on the Pacer Trendpilot US Large Cap index. The fund tracks an index that allocates to a proprietary US large-cap index and\u002For 3-month US T-bills, according to momentum. PTLC was launched on Jun 11, 2015 and is managed by Pacer.