Pacer Trendpilot US Large Cap ETF (BATS:PTLC) Sees Significant Decline in Short Interest

Pacer Trendpilot US Large Cap ETF (BATS:PTLCGet Free Report) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 13,674 shares, a decrease of 69.1% from the June 30th total of 44,295 shares. Based on an average trading volume of 103,755 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Pacer Trendpilot US Large Cap ETF Price Performance

Shares of BATS PTLC opened at $57.63 on Tuesday. The stock has a market capitalization of $3.77 billion, a price-to-earnings ratio of 25.78 and a beta of 0.60. The stock’s fifty day simple moving average is $58.06 and its 200 day simple moving average is $56.31. Pacer Trendpilot US Large Cap ETF has a 52-week low of $50.84 and a 52-week high of $59.15.

Hedge Funds Weigh In On Pacer Trendpilot US Large Cap ETF

Institutional investors have recently bought and sold shares of the stock. Ancora Advisors LLC acquired a new position in shares of Pacer Trendpilot US Large Cap ETF in the third quarter worth about $57,000. Sankala Group LLC acquired a new stake in shares of Pacer Trendpilot US Large Cap ETF during the fourth quarter valued at approximately $77,000. Realta Investment Advisors lifted its position in shares of Pacer Trendpilot US Large Cap ETF by 179.9% in the 1st quarter. Realta Investment Advisors now owns 1,528 shares of the company’s stock valued at $80,000 after acquiring an additional 982 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of Pacer Trendpilot US Large Cap ETF in the 4th quarter valued at approximately $136,000. Finally, Benjamin Edwards Inc. acquired a new position in Pacer Trendpilot US Large Cap ETF in the 2nd quarter worth approximately $208,000.

Pacer Trendpilot US Large Cap ETF Company Profile

(Get Free Report)

The Pacer Trendpilot US Large Cap ETF (PTLC) is an exchange-traded fund that is based on the Pacer Trendpilot US Large Cap index. The fund tracks an index that allocates to a proprietary US large-cap index and\u002For 3-month US T-bills, according to momentum. PTLC was launched on Jun 11, 2015 and is managed by Pacer.

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