Pacer US Export Leaders ETF (NYSEARCA:PEXL) Short Interest Down 55.7% in August

by · The Cerbat Gem

Pacer US Export Leaders ETF (NYSEARCA:PEXL – Get Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 7,139 shares, a decline of 55.7% from the August 15th total of 16,098 shares. Based on an average daily volume of 2,423 shares, the short-interest ratio is currently 2.9 days. Currently, 1.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC acquired a new stake in Pacer US Export Leaders ETF during the second quarter worth approximately $62,000. Signature Equity Partners LLC grew its position in shares of 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 purchasing an additional 187 shares during the last quarter. Kestra Advisory Services LLC grew its position in shares of 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 purchasing an additional 162 shares during the last quarter. LPL Financial LLC increased its stake in shares of Pacer US Export Leaders ETF by 8.1% during the fourth quarter. LPL Financial LLC now owns 32,737 shares of the company’s stock worth $1,996,000 after purchasing an additional 2,443 shares during the period. Finally, Thoroughbred Financial Services LLC increased its stake in shares of Pacer US Export Leaders ETF by 1.4% during the fourth quarter. Thoroughbred Financial Services LLC now owns 13,732 shares of the company’s stock worth $837,000 after purchasing an additional 185 shares during the period.

Pacer US Export Leaders ETF Stock Down 1.0%

Shares of PEXL traded down $0.69 during trading hours on Monday, hitting $71.03. The company had a trading volume of 1,218 shares, compared to its average volume of 2,200. The firm has a market cap of $51.15 million, a price-to-earnings ratio of 21.77 and a beta of 1.25. The business has a fifty day moving average of $71.79 and a 200-day moving average of $68.68. Pacer US Export Leaders ETF has a 12 month low of $55.51 and a 12 month high of $75.84.

About Pacer US Export Leaders ETF

(Get Free Report)

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.

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