Short Interest in Pacer PE/VC ETF (NYSEARCA:PEVC) Decreases By 47.8%

Pacer PE/VC ETF (NYSEARCA:PEVC) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 155 shares, a decrease of 47.8% from the May 31st total of 297 shares. Based on an average trading volume of 335 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On Pacer PE/VC ETF

A hedge fund recently raised its position in Pacer PE/VC ETF stock. Royal Bank of Canada increased its holdings in shares of Pacer PE/VC ETF (NYSEARCA:PEVC) by 910.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 5,848 shares of the company’s stock after purchasing an additional 5,269 shares during the period. Royal Bank of Canada owned 7.31% of Pacer PE/VC ETF worth $152,000 as of its most recent filing with the SEC.

Pacer PE/VC ETF Price Performance

PEVC stock traded up $0.34 during trading hours on Wednesday, reaching $30.11. The stock had a trading volume of 12 shares, compared to its average volume of 1,325. The stock has a 50-day simple moving average of $29.53 and a 200 day simple moving average of $28.47. Pacer PE/VC ETF has a fifty-two week low of $24.36 and a fifty-two week high of $32.21. The stock has a market capitalization of $2.41 million, a PE ratio of 30.12 and a beta of 1.36.

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.