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

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

Hedge Funds Weigh In On Pacer Trendpilot European Index ETF

A hedge fund 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% in the second quarter, according to its most recent filing with the SEC. The fund owned 11,674 shares of the company’s stock after acquiring an additional 3,952 shares during the period. Citadel Advisors LLC owned approximately 0.90% of Pacer Trendpilot European Index ETF worth $389,000 as of its most recent SEC filing.

Pacer Trendpilot European Index ETF Trading Down 0.7%

PTEU stock opened at $33.02 on Wednesday. The company’s 50 day moving average is $33.85 and its 200 day moving average is $32.65. The stock has a market cap of $42.93 million, a price-to-earnings ratio of 16.12 and a beta of 0.43. Pacer Trendpilot European Index ETF has a 1-year low of $28.85 and a 1-year high of $34.92.

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.