Pacer PE/VC ETF (NYSEARCA:PEVC) Shares Shorted: Short Interest Down 78.9% in October

Pacer PE/VC ETF (NYSEARCA:PEVC) was the recipient of a large drop in short interest in October. As of October 30th, there was short interest totaling 103 shares, a drop of 78.9% from the October 15th total of 489 shares. Based on an average trading volume of 884 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Pacer PE/VC ETF Stock Performance

PEVC traded down $0.20 on Friday, reaching $28.96. The company had a trading volume of 14 shares, compared to its average volume of 909. The business has a 50 day simple moving average of $31.03 and a 200 day simple moving average of $29.62. The company has a market cap of $2.32 million, a price-to-earnings ratio of 24.74 and a beta of 1.45. Pacer PE/VC ETF has a 52-week low of $24.36 and a 52-week high of $33.14.

Hedge Funds Weigh In On Pacer PE/VC ETF

A hedge fund recently bought a new position in Pacer PE/VC ETF stock. Nwam LLC acquired a new position in Pacer PE/VC ETF (NYSEARCA:PEVC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 34,043 shares of the company’s stock, valued at approximately $747,000. Nwam LLC owned about 42.55% of Pacer PE/VC ETF as of its most recent filing with the Securities and Exchange Commission.

Pacer PE/VC ETF Company Profile

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.