Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) Short Interest Update

Pacer Trendpilot US Mid Cap ETF (BATS:PTMC) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 8,887 shares, a decline of 58.5% from the July 30th total of 21,411 shares. Based on an average daily trading volume, of 17,475 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

Pacer Trendpilot US Mid Cap ETF Trading Down 1.1%

Shares of BATS:PTMC opened at $41.04 on Friday. The stock has a 50 day moving average of $41.36 and a 200 day moving average of $39.67. The company has a market cap of $515.05 million, a PE ratio of 17.49 and a beta of 0.55. Pacer Trendpilot US Mid Cap ETF has a 12-month low of $34.11 and a 12-month high of $42.61.

Institutional Trading of Pacer Trendpilot US Mid Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Ancora Advisors LLC purchased a new stake in Pacer Trendpilot US Mid Cap ETF in the 3rd quarter worth $38,000. Ameritas Advisory Services LLC bought a new position in shares of Pacer Trendpilot US Mid Cap ETF in the second quarter worth about $56,000. International Assets Investment Management LLC purchased a new stake in shares of Pacer Trendpilot US Mid Cap ETF during the fourth quarter worth about $62,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Pacer Trendpilot US Mid Cap ETF by 34.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,865 shares of the company’s stock worth $65,000 after purchasing an additional 479 shares in the last quarter. Finally, Western Wealth Management LLC bought a new stake in Pacer Trendpilot US Mid Cap ETF during the 1st quarter valued at approximately $104,000.

Pacer Trendpilot US Mid Cap ETF Company Profile

The Pacer Trendpilot US Mid Cap ETF (PTMC) is an exchange-traded fund that is based on the Pacer Trendpilot US Mid Cap index. The fund tracks an index that allocates to a proprietary US mid-cap Index and\u002For 3-month US T-bills, according to momentum. PTMC was launched on Jun 11, 2015 and is managed by Pacer.