Pacer US Export Leaders ETF (NYSEARCA:PEXL) Sees Large Growth in Short Interest

Pacer US Export Leaders ETF (NYSEARCA:PEXL) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 4,743 shares, a growth of 142.6% from the December 15th total of 1,955 shares. Based on an average daily volume of 4,008 shares, the short-interest ratio is presently 1.2 days. Currently, 0.8% of the company’s stock are sold short. Currently, 0.8% of the company’s stock are sold short. Based on an average daily volume of 4,008 shares, the short-interest ratio is presently 1.2 days.

Pacer US Export Leaders ETF Stock Performance

PEXL stock opened at $62.97 on Wednesday. Pacer US Export Leaders ETF has a one year low of $38.05 and a one year high of $63.00. The firm has a market cap of $37.78 million, a price-to-earnings ratio of 21.77 and a beta of 1.20. The firm has a 50-day simple moving average of $60.13 and a two-hundred day simple moving average of $57.28.

Hedge Funds Weigh In On Pacer US Export Leaders ETF

Several institutional investors and hedge funds have recently bought and sold shares of PEXL. Citadel Advisors LLC increased its position in shares of Pacer US Export Leaders ETF by 18.4% during the third quarter. Citadel Advisors LLC now owns 7,169 shares of the company’s stock worth $411,000 after purchasing an additional 1,116 shares in the last quarter. PFG Advisors grew its stake in Pacer US Export Leaders ETF by 13.8% during the 3rd quarter. PFG Advisors now owns 7,552 shares of the company’s stock worth $433,000 after buying an additional 915 shares during the last quarter. Cetera Investment Advisers increased its position in Pacer US Export Leaders ETF by 22.0% during the 2nd quarter. Cetera Investment Advisers now owns 8,514 shares of the company’s stock valued at $442,000 after buying an additional 1,537 shares in the last quarter. Osaic Holdings Inc. raised its stake in Pacer US Export Leaders ETF by 87.4% in the second quarter. Osaic Holdings Inc. now owns 13,696 shares of the company’s stock valued at $711,000 after buying an additional 6,388 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in Pacer US Export Leaders ETF by 211.3% in the first quarter. Jane Street Group LLC now owns 19,544 shares of the company’s stock valued at $892,000 after buying an additional 13,266 shares during the last quarter.

Pacer US Export Leaders ETF Company Profile

The Pacer US Export Leaders ETF (PEXL) is an exchange-traded fund that is based on the Pacer US Export Leaders ETF index. The fund tracks an equally-weighted index of large- and mid-cap US stocks selected based on foreign sales and free cash flow growth. PEXL was launched on Jul 23, 2018 and is managed by Pacer.