Pacer Trendpilot US Mid Cap ETF (BATS:PTMC – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 9,124 shares, an increase of 80.8% from the September 30th total of 5,046 shares. Based on an average daily trading volume, of 18,413 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the company are sold short.
Hedge Funds Weigh In On Pacer Trendpilot US Mid Cap ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Latitude Advisors LLC bought a new position in shares of Pacer Trendpilot US Mid Cap ETF during the third quarter valued at approximately $39,000. MBL Wealth LLC boosted its position in Pacer Trendpilot US Mid Cap ETF by 3.7% during the 3rd quarter. MBL Wealth LLC now owns 234,076 shares of the company’s stock valued at $9,155,000 after purchasing an additional 8,281 shares during the period. Retirement Planning Group LLC acquired a new position in Pacer Trendpilot US Mid Cap ETF during the 3rd quarter valued at approximately $439,000. Gimbal Financial boosted its position in Pacer Trendpilot US Mid Cap ETF by 11.8% during the 3rd quarter. Gimbal Financial now owns 10,418 shares of the company’s stock valued at $407,000 after purchasing an additional 1,096 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new position in Pacer Trendpilot US Mid Cap ETF during the 3rd quarter worth $605,000.
Pacer Trendpilot US Mid Cap ETF Stock Performance
Pacer Trendpilot US Mid Cap ETF stock opened at $39.74 on Friday. Pacer Trendpilot US Mid Cap ETF has a 1 year low of $34.11 and a 1 year high of $42.61. The firm’s 50-day moving average is $40.02 and its 200-day moving average is $39.54. The company has a market cap of $498.74 million, a P/E ratio of 17.49 and a beta of 0.55.
Pacer Trendpilot US Mid Cap ETF Company Profile
The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.
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