Short Interest in Pacer US Export Leaders ETF (NYSEARCA:PEXL) Rises By 148.4%

Pacer US Export Leaders ETF (NYSEARCA:PEXL) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 4,993 shares, a growth of 148.4% from the April 15th total of 2,010 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,149 shares, the days-to-cover ratio is presently 2.3 days.

Institutional Investors Weigh In On Pacer US Export Leaders ETF

A number of large investors have recently modified their holdings of PEXL. Western Wealth Management LLC acquired a new position in shares of Pacer US Export Leaders ETF during the 4th quarter worth $209,000. Kestra Advisory Services LLC grew its position in Pacer US Export Leaders ETF by 4.1% in the first quarter. Kestra Advisory Services LLC now owns 4,102 shares of the company’s stock valued at $241,000 after acquiring an additional 162 shares during the last quarter. Signature Equity Partners LLC grew its position in Pacer US Export Leaders ETF by 3.3% in the first quarter. Signature Equity Partners LLC now owns 5,907 shares of the company’s stock valued at $347,000 after acquiring an additional 187 shares during the last quarter. Citadel Advisors LLC raised its stake in Pacer US Export Leaders ETF by 18.4% during the third quarter. Citadel Advisors LLC now owns 7,169 shares of the company’s stock worth $411,000 after acquiring an additional 1,116 shares in the last quarter. Finally, PFG Advisors lifted its holdings in shares of Pacer US Export Leaders ETF by 13.8% in the third quarter. PFG Advisors now owns 7,552 shares of the company’s stock worth $433,000 after acquiring an additional 915 shares during the last quarter.

Pacer US Export Leaders ETF Stock Performance

Shares of Pacer US Export Leaders ETF stock traded down $0.94 on Friday, reaching $69.56. 1,972 shares of the stock were exchanged, compared to its average volume of 2,152. The firm has a market cap of $47.30 million, a PE ratio of 21.77 and a beta of 1.24. The firm’s 50 day moving average is $63.28 and its 200-day moving average is $61.82. Pacer US Export Leaders ETF has a one year low of $47.68 and a one year high of $70.74.

About Pacer US Export Leaders ETF

The Pacer US Export Leaders ETF (PEXL) is an exchange-traded fund that is based on the Pacer US Export Leaders ETF index. The fund tracks an equally-weighted index of large- and mid-cap US stocks selected based on foreign sales and free cash flow growth. PEXL was launched on Jul 23, 2018 and is managed by Pacer.