Short Interest in Pacer PE/VC ETF (NYSEARCA:PEVC) Declines By 37.2%

Pacer PE/VC ETF (NYSEARCA:PEVC) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 2,970 shares, a drop of 37.2% from the April 15th total of 4,731 shares. Based on an average trading volume of 803 shares, the short-interest ratio is currently 3.7 days. Approximately 3.7% of the company’s stock are sold short.

Pacer PE/VC ETF Stock Down 0.5%

Shares of NYSEARCA:PEVC traded down $0.16 during midday trading on Monday, reaching $29.43. 160 shares of the company were exchanged, compared to its average volume of 1,678. Pacer PE/VC ETF has a fifty-two week low of $24.31 and a fifty-two week high of $32.21. The stock has a fifty day simple moving average of $27.55 and a two-hundred day simple moving average of $28.27. The firm has a market cap of $2.35 million, a PE ratio of 30.12 and a beta of 1.34.

About Pacer PE/VC ETF

The Pacer PE/VC ETF (PEVC) is an exchange-traded fund that is based on the FTSE PE/VC index. The fund tracks an index that provides access to private equity (PE) buyouts and venture capital (VC) assets through shifting allocations between two sub-indices. Investments focus on US large-cap stocks, aiming to mirror the risk-return characteristics of private markets through equities, ETFs, and futures contracts. PEVC was launched on Feb 3, 2025 and is issued by Pacer.