Pacer Trendpilot European Index ETF (BATS:PTEU – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 1,059 shares, an increase of 219.0% from the September 30th total of 332 shares. Based on an average daily volume of 2,165 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company’s stock are short sold.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of PTEU. Mather Group LLC. purchased a new stake in Pacer Trendpilot European Index ETF during the 3rd quarter worth approximately $534,000. Citadel Advisors LLC raised its position in shares of Pacer Trendpilot European Index ETF by 51.2% in the 2nd quarter. Citadel Advisors LLC now owns 11,674 shares of the company’s stock valued at $389,000 after purchasing an additional 3,952 shares in the last quarter. Finally, Gimbal Financial boosted its stake in shares of Pacer Trendpilot European Index ETF by 8.0% during the 3rd quarter. Gimbal Financial now owns 9,996 shares of the company’s stock valued at $326,000 after buying an additional 743 shares during the last quarter.
Pacer Trendpilot European Index ETF Trading Down 2.3%
Shares of PTEU stock opened at $31.58 on Friday. The firm has a fifty day simple moving average of $32.91 and a 200-day simple moving average of $32.40. The company has a market capitalization of $41.05 million, a PE ratio of 16.12 and a beta of 0.43. Pacer Trendpilot European Index ETF has a twelve month low of $28.85 and a twelve month 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.
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