Pacer Lunt MidCap Multi-Factor Alternator ETF (NYSEARCA:PAMC) Short Interest Update

Pacer Lunt MidCap Multi-Factor Alternator ETF (NYSEARCA:PAMC) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 2,185 shares, an increase of 33.0% from the December 31st total of 1,643 shares. Based on an average daily volume of 6,390 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 6,390 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in PAMC. Creative Financial Designs Inc. ADV grew its position in Pacer Lunt MidCap Multi-Factor Alternator ETF by 81.9% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 4,311 shares of the company’s stock worth $189,000 after purchasing an additional 1,941 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in shares of Pacer Lunt MidCap Multi-Factor Alternator ETF during the third quarter valued at $903,000. Finally, Triumph Capital Management acquired a new position in Pacer Lunt MidCap Multi-Factor Alternator ETF during the third quarter valued at $46,000.

Pacer Lunt MidCap Multi-Factor Alternator ETF Stock Performance

Shares of NYSEARCA PAMC traded down $0.03 during trading on Tuesday, hitting $48.99. The company had a trading volume of 3,390 shares, compared to its average volume of 4,549. Pacer Lunt MidCap Multi-Factor Alternator ETF has a 52 week low of $36.84 and a 52 week high of $50.17. The business’s 50-day moving average is $48.03 and its 200 day moving average is $46.64. The company has a market cap of $58.79 million, a P/E ratio of 19.91 and a beta of 1.03.

Pacer Lunt MidCap Multi-Factor Alternator ETF Company Profile

The Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund invests in US mid-cap equities that allocates to multi-factor sub-indices based on relative strength. PAMC was launched on Jun 24, 2020 and is managed by Pacer.