Pacer Trendpilot 100 ETF (NASDAQ:PTNQ) Short Interest Update

by · The Markets Daily

Pacer Trendpilot 100 ETF (NASDAQ:PTNQ – Get Free Report) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 298 shares, a decline of 96.8% from the August 15th total of 9,233 shares. Based on an average trading volume of 47,204 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Motiv8 Investments LLC acquired a new stake in Pacer Trendpilot 100 ETF during the fourth quarter worth $35,000. Arax Advisory Partners acquired a new position in shares of Pacer Trendpilot 100 ETF in the 4th quarter valued at $40,000. Realta Investment Advisors acquired a new position in shares of Pacer Trendpilot 100 ETF in the 1st quarter valued at $55,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Pacer Trendpilot 100 ETF during the 2nd quarter worth about $58,000. Finally, Trust Co. of Vermont bought a new position in shares of Pacer Trendpilot 100 ETF during the 2nd quarter worth about $61,000.

Pacer Trendpilot 100 ETF Stock Down 1.0%

Shares of PTNQ stock traded down $0.88 during mid-day trading on Thursday, reaching $85.40. The stock had a trading volume of 13,007 shares, compared to its average volume of 35,846. The firm’s 50 day simple moving average is $85.66 and its 200 day simple moving average is $82.82. Pacer Trendpilot 100 ETF has a one year low of $71.56 and a one year high of $90.15. The firm has a market cap of $1.23 billion, a PE ratio of 33.04 and a beta of 0.66.

Pacer Trendpilot 100 ETF Company Profile

(Get Free Report)

The Pacer Trendpilot 100 ETF (PTNQ) is an exchange-traded fund that is based on the Pacer NASDAQ-100 Trendpilot index. The fund tracks an index that holds the NASDAQ-100 securities and/or 3-month US T-bills according to momentum. PTNQ was launched on Jun 11, 2015 and is managed by Pacer.

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