Pacer PE/VC ETF (NYSEARCA:PEVC) Short Interest Down 40.0% in August

Pacer PE/VC ETF (NYSEARCA:PEVC) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 24 shares, a decrease of 40.0% from the July 30th total of 40 shares. Based on an average daily volume of 302 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Pacer PE/VC ETF Stock Down 2.0%

Pacer PE/VC ETF stock traded down $0.64 during trading hours on Tuesday, hitting $31.41. The stock had a trading volume of 25 shares, compared to its average volume of 1,053. The stock has a market capitalization of $2.51 million, a P/E ratio of 30.12 and a beta of 1.40. Pacer PE/VC ETF has a 12-month low of $24.36 and a 12-month high of $32.45. The stock’s 50-day moving average price is $30.64 and its 200-day moving average price is $29.13.

Hedge Funds Weigh In On Pacer PE/VC ETF

A hedge fund recently bought a new position in Pacer PE/VC ETF stock. Nwam LLC bought a new stake in shares of Pacer PE/VC ETF (NYSEARCA:PEVC) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 34,043 shares of the company’s stock, valued at approximately $747,000. Nwam LLC owned about 42.55% of Pacer PE/VC ETF at the end of the most recent quarter.

Pacer PE/VC ETF Company Profile

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.