Pacer Trendpilot European Index ETF (BATS:PTEU) Stock Short Interest Jumps 219.0%

Pacer Trendpilot European Index ETF (BATS:PTEU – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 1,059 shares, an increase of 219.0% from the September 30th total of 332 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 2,165 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Pacer Trendpilot European Index ETF

Several hedge funds and other institutional investors have recently made changes to their positions in PTEU. Mather Group LLC. bought a new stake in shares of Pacer Trendpilot European Index ETF during the third quarter worth $534,000. Citadel Advisors LLC lifted its stake in shares of Pacer Trendpilot European Index ETF by 51.2% during the second quarter. Citadel Advisors LLC now owns 11,674 shares of the company’s stock valued at $389,000 after acquiring an additional 3,952 shares during the period. Finally, Gimbal Financial boosted its holdings in Pacer Trendpilot European Index ETF by 8.0% in the third quarter. Gimbal Financial now owns 9,996 shares of the company’s stock valued at $326,000 after acquiring an additional 743 shares during the last quarter.

Pacer Trendpilot European Index ETF Price Performance

PTEU stock opened at $32.33 on Friday. The company has a 50 day moving average price of $32.96 and a 200 day moving average price of $32.40. Pacer Trendpilot European Index ETF has a fifty-two week low of $28.85 and a fifty-two week high of $34.92. The stock has a market capitalization of $42.03 million, a PE ratio of 16.12 and a beta of 0.43.

Pacer Trendpilot European Index ETF Company Profile

(Get Free Report)

The Pacer Trendpilot European Index ETF (PTEU) is an exchange-traded fund that is based on the Pacer Trendpilot European index. The fund tracks an index of large- and mid-cap eurozone equities selected and weighted by market cap. Stocks can be mixed with or replaced by US Treasury bills based on momentum. PTEU was launched on Dec 15, 2015 and is managed by Pacer.

Featured Articles

Receive News & Ratings for Pacer Trendpilot European Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacer Trendpilot European Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.