Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Short Interest Update

Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) was the recipient of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 4,900 shares, a drop of 63.7% from the October 31st total of 13,500 shares. Based on an average trading volume of 41,300 shares, the short-interest ratio is currently 0.1 days.

Pacer Trendpilot 100 ETF Stock Down 0.2 %

Shares of NASDAQ:PTNQ traded down $0.18 during midday trading on Wednesday, reaching $74.93. 54,001 shares of the company traded hands, compared to its average volume of 50,337. Pacer Trendpilot 100 ETF has a 12 month low of $63.85 and a 12 month high of $75.71. The firm’s fifty day moving average price is $73.86 and its two-hundred day moving average price is $72.17. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 35.78 and a beta of 0.68.

Hedge Funds Weigh In On Pacer Trendpilot 100 ETF

Several hedge funds have recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. increased its holdings in shares of Pacer Trendpilot 100 ETF by 84.8% in the first quarter. B. Riley Wealth Advisors Inc. now owns 21,480 shares of the company’s stock worth $1,475,000 after purchasing an additional 9,856 shares during the period. XML Financial LLC increased its stake in Pacer Trendpilot 100 ETF by 2.3% in the 1st quarter. XML Financial LLC now owns 12,327 shares of the company’s stock worth $847,000 after acquiring an additional 278 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Pacer Trendpilot 100 ETF by 264.3% in the 1st quarter. Cetera Investment Advisers now owns 388,227 shares of the company’s stock valued at $26,663,000 after acquiring an additional 281,662 shares in the last quarter. Cetera Advisors LLC boosted its position in shares of Pacer Trendpilot 100 ETF by 45.0% during the 1st quarter. Cetera Advisors LLC now owns 200,280 shares of the company’s stock valued at $13,755,000 after acquiring an additional 62,136 shares during the last quarter. Finally, Sensible Money LLC purchased a new position in shares of Pacer Trendpilot 100 ETF during the first quarter worth about $206,000.

Pacer Trendpilot 100 ETF Company Profile

The Pacer Trendpilot 100 ETF (PTNQ) is an exchange-traded fund that is based on the Pacer NASDAQ-100 Trendpilot index. The fund tracks an index that holds the NASDAQ-100 securities and/or 3-month US T-bills according to momentum. PTNQ was launched on Jun 11, 2015 and is managed by Pacer.