Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) Stock Short Interest Report for October

Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) was the target of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 2,672 shares, an increase of 461.3% from the October 15th total of 476 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 4,885 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Ameritas Advisory Services LLC purchased a new stake in shares of Pacer Lunt Large Cap Alternator ETF in the second quarter worth about $29,000. Integrated Wealth Concepts LLC bought a new stake in Pacer Lunt Large Cap Alternator ETF in the second quarter worth $38,000. Kestra Advisory Services LLC grew its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 28.6% in the third quarter. Kestra Advisory Services LLC now owns 5,828 shares of the company’s stock worth $255,000 after purchasing an additional 1,297 shares during the last quarter. Independent Financial Group LLC bought a new stake in shares of Pacer Lunt Large Cap Alternator ETF during the 1st quarter valued at about $350,000. Finally, Citadel Advisors LLC purchased a new stake in Pacer Lunt Large Cap Alternator ETF in the second quarter worth about $545,000.

Pacer Lunt Large Cap Alternator ETF Trading Up 0.4%

Shares of ALTL traded up $0.16 during midday trading on Friday, reaching $39.00. The stock had a trading volume of 6,654 shares, compared to its average volume of 7,027. Pacer Lunt Large Cap Alternator ETF has a one year low of $38.13 and a one year high of $51.77. The firm has a market cap of $72.15 million, a PE ratio of 20.07 and a beta of 0.81. The firm has a 50 day simple moving average of $42.44 and a 200-day simple moving average of $45.37.

About Pacer Lunt Large Cap Alternator ETF

The Pacer Lunt Large Cap Alternator ETF (ALTL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that alternates exposure between low volatility and high-beta US stocks, weighted by momentum. ALTL was launched on Jun 24, 2020 and is managed by Pacer.