Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Short Interest Update

Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) saw a significant growth in short interest in November. As of November 30th, there was short interest totalling 42,600 shares, a growth of 769.4% from the November 15th total of 4,900 shares. Based on an average trading volume of 40,600 shares, the short-interest ratio is presently 1.0 days.

Pacer Trendpilot 100 ETF Stock Up 1.1 %

Shares of Pacer Trendpilot 100 ETF stock traded up $0.87 during trading on Wednesday, hitting $76.99. 32,234 shares of the stock traded hands, compared to its average volume of 49,780. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 35.78 and a beta of 0.68. Pacer Trendpilot 100 ETF has a 52 week low of $64.19 and a 52 week high of $77.08. The firm’s fifty day moving average is $74.54 and its 200-day moving average is $72.65.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Assetmark Inc. purchased a new stake in shares of Pacer Trendpilot 100 ETF in the 3rd quarter valued at $31,000. Ridgewood Investments LLC bought a new stake in Pacer Trendpilot 100 ETF in the second quarter worth $40,000. PSI Advisors LLC boosted its position in Pacer Trendpilot 100 ETF by 69.5% during the second quarter. PSI Advisors LLC now owns 1,158 shares of the company’s stock valued at $83,000 after buying an additional 475 shares during the period. Concourse Financial Group Securities Inc. grew its stake in shares of Pacer Trendpilot 100 ETF by 355.0% during the second quarter. Concourse Financial Group Securities Inc. now owns 1,820 shares of the company’s stock valued at $131,000 after buying an additional 1,420 shares during the last quarter. Finally, NBC Securities Inc. grew its stake in shares of Pacer Trendpilot 100 ETF by 17.2% during the third quarter. NBC Securities Inc. now owns 2,468 shares of the company’s stock valued at $180,000 after buying an additional 363 shares during the last quarter.

Pacer Trendpilot 100 ETF Company Profile

The Pacer Trendpilot 100 ETF (PTNQ) is an exchange-traded fund that is based on the Pacer NASDAQ-100 Trendpilot index. The fund tracks an index that holds the NASDAQ-100 securities and/or 3-month US T-bills according to momentum. PTNQ was launched on Jun 11, 2015 and is managed by Pacer.