Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Get Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 850 shares, a drop of 95.0% from the September 30th total of 16,927 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 26,712 shares, the short-interest ratio is currently 0.0 days.
Pacer Trendpilot 100 ETF Price Performance
PTNQ traded up $1.13 on Tuesday, reaching $87.01. 6,167 shares of the company traded hands, compared to its average volume of 36,152. Pacer Trendpilot 100 ETF has a 52-week low of $71.56 and a 52-week high of $91.90. The stock’s 50 day moving average price is $87.51 and its 200-day moving average price is $83.01. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 33.04 and a beta of 0.65.
Institutional Trading of Pacer Trendpilot 100 ETF
Large investors have recently made changes to their positions in the business. Ashton Thomas Securities LLC bought a new position in shares of Pacer Trendpilot 100 ETF in the 3rd quarter worth $3,409,000. Oppenheimer & Co. Inc. acquired a new stake in shares of Pacer Trendpilot 100 ETF in the third quarter valued at approximately $1,167,000. Sigma Planning Corp bought a new position in shares of Pacer Trendpilot 100 ETF in the third quarter worth $936,000. Root Financial Partners LLC bought a new stake in Pacer Trendpilot 100 ETF during the third quarter worth $71,000. Finally, Retirement Planning Group LLC bought a new position in shares of Pacer Trendpilot 100 ETF in the third quarter worth about $576,000.
About Pacer Trendpilot 100 ETF
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.
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