Pacer PE/VC ETF (NYSEARCA:PEVC) Sees Significant Drop in Short Interest

Pacer PE/VC ETF (NYSEARCA:PEVCGet Free Report) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 2,970 shares, a decrease of 37.2% from the April 15th total of 4,731 shares. Approximately 3.7% of the shares of the stock are sold short. Based on an average daily volume of 803 shares, the short-interest ratio is currently 3.7 days.

Pacer PE/VC ETF Price Performance

Shares of Pacer PE/VC ETF stock remained flat at $29.65 during trading on Tuesday. The company had a trading volume of 164 shares, compared to its average volume of 1,678. The stock has a 50 day moving average of $27.60 and a 200-day moving average of $28.26. The firm has a market capitalization of $2.37 million, a PE ratio of 30.12 and a beta of 1.34. Pacer PE/VC ETF has a fifty-two week low of $24.31 and a fifty-two week high of $32.21.

Institutional Trading of Pacer PE/VC ETF

A hedge fund recently raised its stake in Pacer PE/VC ETF stock. Royal Bank of Canada increased its position in Pacer PE/VC ETF (NYSEARCA:PEVCFree Report) by 910.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,848 shares of the company’s stock after purchasing an additional 5,269 shares during the quarter. Royal Bank of Canada owned approximately 7.31% of Pacer PE/VC ETF worth $152,000 as of its most recent SEC filing.

About Pacer PE/VC ETF

(Get Free Report)

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.

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