Pacer WealthShield ETF (BATS:PWS) Short Interest Update

Pacer WealthShield ETF (BATS:PWSGet Free Report) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 2,246 shares, a growth of 237.7% from the May 14th total of 665 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 9,153 shares, the days-to-cover ratio is currently 0.2 days.

Pacer WealthShield ETF Price Performance

Shares of Pacer WealthShield ETF stock opened at $32.14 on Friday. The firm’s fifty day simple moving average is $31.93 and its 200-day simple moving average is $32.51. The stock has a market capitalization of $27.32 million, a price-to-earnings ratio of 23.24 and a beta of 0.55. Pacer WealthShield ETF has a 12 month low of $29.30 and a 12 month high of $33.71.

Hedge Funds Weigh In On Pacer WealthShield ETF

Several institutional investors have recently bought and sold shares of the company. Royal Bank of Canada increased its stake in Pacer WealthShield ETF by 113.8% in the 1st quarter. Royal Bank of Canada now owns 44,940 shares of the company’s stock valued at $1,439,000 after buying an additional 23,921 shares during the period. Ascentis Independent Advisors acquired a new position in Pacer WealthShield ETF in the 1st quarter valued at $163,000. Kestra Advisory Services LLC acquired a new position in Pacer WealthShield ETF in the 4th quarter valued at $181,000. Finally, Jane Street Group LLC acquired a new position in Pacer WealthShield ETF in the 4th quarter valued at $229,000.

Pacer WealthShield ETF Company Profile

(Get Free Report)

The Pacer WealthShield ETF (PWS) is an exchange-traded fund that is based on the Pacer WealthShield index. The fund tracks an index that toggles between equity and Treasurys, or a combination of both, on a monthly basis depending on monthly moving averages. PWS was launched on Dec 11, 2017 and is managed by Pacer.

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