Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Short Interest Up 807.7% in January

Posted by Don Miller on Feb 12th, 2025

Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Get Free Report) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 23,600 shares, an increase of 807.7% from the January 15th total of 2,600 shares. Based on an average daily volume of 55,400 shares, the short-interest ratio is currently 0.4 days.

Pacer Trendpilot 100 ETF Trading Up 0.3 %

PTNQ stock traded up $0.19 during midday trading on Wednesday, hitting $75.79. The stock had a trading volume of 37,650 shares, compared to its average volume of 65,298. Pacer Trendpilot 100 ETF has a 52 week low of $66.14 and a 52 week high of $77.83. The stock has a 50-day simple moving average of $75.51 and a 200 day simple moving average of $73.76. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 35.78 and a beta of 0.68.

Pacer Trendpilot 100 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 27th were issued a dividend of $1.4487 per share. The ex-dividend date of this dividend was Friday, December 27th.

Institutional Trading of Pacer Trendpilot 100 ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Assetmark Inc. bought a new position in Pacer Trendpilot 100 ETF during the third quarter worth about $31,000. OLD Point Trust & Financial Services N A bought a new position in shares of Pacer Trendpilot 100 ETF during the 4th quarter worth approximately $33,000. Kestra Investment Management LLC acquired a new stake in Pacer Trendpilot 100 ETF in the 4th quarter valued at $38,000. Midwest Capital Advisors LLC bought a new stake in Pacer Trendpilot 100 ETF in the fourth quarter valued at $64,000. Finally, Noble Wealth Management PBC bought a new stake in Pacer Trendpilot 100 ETF in the fourth quarter valued at $85,000.

About Pacer Trendpilot 100 ETF

(Get Free Report)

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.