Pacer PE/VC ETF (NYSEARCA:PEVC) Stock Short Interest Jumps 4,100.0%

Pacer PE/VC ETF (NYSEARCA:PEVC) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 420 shares, a growth of 4,100.0% from the September 15th total of 10 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 572 shares, the days-to-cover ratio is currently 0.7 days.

Pacer PE/VC ETF Price Performance

NYSEARCA:PEVC traded up $0.48 during midday trading on Friday, reaching $32.85. 87 shares of the company traded hands, compared to its average volume of 950. The firm has a market capitalization of $2.63 million, a price-to-earnings ratio of 30.12 and a beta of 1.40. The company has a fifty day moving average price of $31.79 and a 200 day moving average price of $30.00. Pacer PE/VC ETF has a twelve month low of $24.36 and a twelve month high of $33.14.

Hedge Funds Weigh In On Pacer PE/VC ETF

An institutional investor recently bought a new position in Pacer PE/VC ETF stock. Nwam LLC purchased a new position in shares of Pacer PE/VC ETF (NYSEARCA:PEVC) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 34,043 shares of the company’s stock, valued at approximately $747,000. Nwam LLC owned about 42.55% of Pacer PE/VC ETF as of its most recent filing with the Securities & Exchange Commission.

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.