Pacer Trendpilot European Index ETF (BATS:PTEU) Short Interest Down 84.0% in May

Pacer Trendpilot European Index ETF (BATS:PTEU) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 67 shares, a decline of 84.0% from the May 14th total of 418 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,278 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Pacer Trendpilot European Index ETF

A number of large investors have recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its position in Pacer Trendpilot European Index ETF by 1.0% during the fourth quarter. LPL Financial LLC now owns 52,828 shares of the company’s stock worth $1,623,000 after purchasing an additional 546 shares during the period. Citadel Advisors LLC boosted its position in Pacer Trendpilot European Index ETF by 4.1% during the third quarter. Citadel Advisors LLC now owns 20,133 shares of the company’s stock worth $602,000 after purchasing an additional 799 shares during the period. Capital Investment Advisory Services LLC boosted its position in Pacer Trendpilot European Index ETF by 2.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 30,430 shares of the company’s stock worth $935,000 after purchasing an additional 836 shares during the period. Stifel Financial Corp boosted its position in Pacer Trendpilot European Index ETF by 4.0% during the fourth quarter. Stifel Financial Corp now owns 40,839 shares of the company’s stock worth $1,255,000 after purchasing an additional 1,565 shares during the period. Finally, J2 Capital Management Inc boosted its position in Pacer Trendpilot European Index ETF by 3.2% during the first quarter. J2 Capital Management Inc now owns 117,010 shares of the company’s stock worth $3,487,000 after purchasing an additional 3,677 shares during the period.

Pacer Trendpilot European Index ETF Stock Performance

Shares of BATS PTEU opened at $32.40 on Wednesday. The stock has a market cap of $42.12 million, a price-to-earnings ratio of 16.12 and a beta of 0.43. The business has a 50 day simple moving average of $31.86 and a 200 day simple moving average of $31.40. Pacer Trendpilot European Index ETF has a 52 week low of $27.65 and a 52 week high of $33.21.

Pacer Trendpilot European Index ETF Company Profile

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.