Pacer Lunt MidCap Multi-Factor Alternator ETF (NYSEARCA:PAMC – Get Free Report) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 1,981 shares, a growth of 92.5% from the February 12th total of 1,029 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 1,763 shares, the short-interest ratio is currently 1.1 days. Based on an average trading volume of 1,763 shares, the short-interest ratio is currently 1.1 days. Approximately 0.2% of the company’s shares are short sold.
Pacer Lunt MidCap Multi-Factor Alternator ETF Price Performance
NYSEARCA PAMC traded down $1.19 during mid-day trading on Thursday, hitting $47.50. The company’s stock had a trading volume of 341 shares, compared to its average volume of 2,974. The stock’s fifty day simple moving average is $49.58 and its two-hundred day simple moving average is $47.67. Pacer Lunt MidCap Multi-Factor Alternator ETF has a 52-week low of $36.84 and a 52-week high of $51.24. The firm has a market capitalization of $57 million, a P/E ratio of 19.91 and a beta of 1.03.
Institutional Trading of Pacer Lunt MidCap Multi-Factor Alternator ETF
Large investors have recently modified their holdings of the company. JPMorgan Chase & Co. bought a new stake in Pacer Lunt MidCap Multi-Factor Alternator ETF during the third quarter worth approximately $903,000. Creative Financial Designs Inc. ADV raised its position in Pacer Lunt MidCap Multi-Factor Alternator ETF by 13.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 5,629 shares of the company’s stock valued at $262,000 after buying an additional 683 shares during the period. Finally, Triumph Capital Management purchased a new stake in shares of Pacer Lunt MidCap Multi-Factor Alternator ETF in the third quarter worth approximately $46,000.
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.
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