Pacer Trendpilot European Index ETF (BATS:PTEU) Short Interest Update

Pacer Trendpilot European Index ETF (BATS:PTEU) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 975 shares, a growth of 93.8% from the August 31st total of 503 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,335 shares, the short-interest ratio is presently 0.3 days.

Pacer Trendpilot European Index ETF Trading Down 1.1%

BATS:PTEU opened at $32.65 on Thursday. The company’s 50-day moving average price is $33.84 and its 200-day moving average price is $32.67. The company has a market cap of $42.45 million, a P/E ratio of 16.12 and a beta of 0.43. Pacer Trendpilot European Index ETF has a twelve month low of $28.85 and a twelve month high of $34.92.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Pacer Trendpilot European Index ETF stock. Citadel Advisors LLC lifted its stake in shares of Pacer Trendpilot European Index ETF (BATS:PTEU) by 51.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,674 shares of the company’s stock after acquiring an additional 3,952 shares during the period. Citadel Advisors LLC owned 0.90% of Pacer Trendpilot European Index ETF worth $389,000 as of its most recent filing with the Securities & Exchange Commission.

About Pacer Trendpilot European Index ETF

The Pacer Trendpilot European Index ETF (PTEU) is an exchange-traded fund that is based on the Pacer Trendpilot European index. The fund tracks an index of large- and mid-cap eurozone equities selected and weighted by market cap. Stocks can be mixed with or replaced by US Treasury bills based on momentum. PTEU was launched on Dec 15, 2015 and is managed by Pacer.