Pacer Trendpilot International ETF (NYSEARCA:PTIN) Short Interest Update

Pacer Trendpilot International ETF (NYSEARCA:PTIN) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 27,217 shares, a decline of 84.8% from the June 15th total of 179,481 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average trading volume of 9,894 shares, the short-interest ratio is currently 2.8 days.

Pacer Trendpilot International ETF Price Performance

Shares of PTIN stock traded down $0.70 during trading hours on Monday, hitting $35.90. The company had a trading volume of 5,573 shares, compared to its average volume of 19,509. The stock has a market capitalization of $179.50 million, a PE ratio of 16.15 and a beta of 0.54. Pacer Trendpilot International ETF has a fifty-two week low of $25.50 and a fifty-two week high of $37.52. The company’s fifty day moving average is $36.28 and its 200 day moving average is $34.53.

Institutional Investors Weigh In On Pacer Trendpilot International ETF

A number of institutional investors have recently modified their holdings of the company. Cetera Investment Advisers raised its holdings in shares of Pacer Trendpilot International ETF by 1.0% in the 4th quarter. Cetera Investment Advisers now owns 438,456 shares of the company’s stock valued at $13,789,000 after buying an additional 4,263 shares during the period. Raymond James Financial Inc. boosted its holdings in Pacer Trendpilot International ETF by 4.4% during the 3rd quarter. Raymond James Financial Inc. now owns 313,161 shares of the company’s stock valued at $9,542,000 after acquiring an additional 13,307 shares during the period. MBL Wealth LLC grew its position in Pacer Trendpilot International ETF by 0.3% in the 4th quarter. MBL Wealth LLC now owns 246,776 shares of the company’s stock valued at $7,761,000 after acquiring an additional 778 shares in the last quarter. Axiom Financial Strategies LLC grew its position in Pacer Trendpilot International ETF by 1.1% in the 3rd quarter. Axiom Financial Strategies LLC now owns 208,759 shares of the company’s stock valued at $6,361,000 after acquiring an additional 2,175 shares in the last quarter. Finally, AlphaCore Capital LLC acquired a new position in Pacer Trendpilot International ETF in the 4th quarter valued at about $6,249,000.

About Pacer Trendpilot International ETF

The Pacer Trendpilot International ETF (PTIN) is an exchange-traded fund that is based on the Pacer Trendpilot International index. The fund tracks an index that allocates to a proprietary ex-US Large-Cap Index and\u002For 3-month US T-bills, according to momentum. PTIN was launched on May 2, 2019 and is managed by Pacer.