Short Interest in Pacer PE/VC ETF (NYSEARCA:PEVC) Drops By 76.1%

Pacer PE/VC ETF (NYSEARCA:PEVC) was the target of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 224 shares, a drop of 76.1% from the February 26th total of 937 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 260 shares, the short-interest ratio is currently 0.9 days.

Pacer PE/VC ETF Stock Down 2.1%

Shares of PEVC traded down $0.54 during mid-day trading on Thursday, reaching $25.73. The company had a trading volume of 6 shares, compared to its average volume of 871. The stock has a market capitalization of $3.09 million, a P/E ratio of 30.12 and a beta of 1.43. Pacer PE/VC ETF has a 52-week low of $18.49 and a 52-week high of $32.21. The stock has a 50 day moving average of $27.70 and a two-hundred day moving average of $28.46.

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.