Pacer Lunt MidCap Multi-Factor Alternator ETF (NYSEARCA:PAMC – Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 6,007 shares, an increase of 278.3% from the July 15th total of 1,588 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 2,373 shares, the short-interest ratio is currently 2.5 days.
Institutional Trading of Pacer Lunt MidCap Multi-Factor Alternator ETF
Several large investors have recently added to or reduced their stakes in the company. Triumph Capital Management acquired a new position in shares of Pacer Lunt MidCap Multi-Factor Alternator ETF in the third quarter valued at about $46,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of Pacer Lunt MidCap Multi-Factor Alternator ETF by 13.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 5,629 shares of the company’s stock worth $262,000 after purchasing an additional 683 shares during the period. Finally, JPMorgan Chase & Co. purchased a new stake in Pacer Lunt MidCap Multi-Factor Alternator ETF in the third quarter valued at approximately $903,000.
Pacer Lunt MidCap Multi-Factor Alternator ETF Stock Up 0.2%
Shares of PAMC traded up $0.11 during trading hours on Friday, reaching $55.15. 3,201 shares of the company traded hands, compared to its average volume of 4,320. The stock has a market capitalization of $55.15 million, a P/E ratio of 19.91 and a beta of 1.01. Pacer Lunt MidCap Multi-Factor Alternator ETF has a 12-month low of $42.78 and a 12-month high of $55.95. The business has a fifty day moving average price of $54.45 and a 200-day moving average price of $52.02.
Pacer Lunt MidCap Multi-Factor Alternator ETF Company Profile
The Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund invests in US mid-cap equities that allocates to multi-factor sub-indices based on relative strength. PAMC was launched on Jun 24, 2020 and is managed by Pacer.
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