Pacer US Export Leaders ETF (NYSEARCA:PEXL) Stock Short Interest Falls 95.1%

by · The Cerbat Gem

Pacer US Export Leaders ETF (NYSEARCA:PEXL – Get Free Report) was the target of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 215 shares, a decrease of 95.1% from the October 15th total of 4,345 shares. Based on an average daily volume of 5,245 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Visionary Horizons LLC lifted its position in shares of Pacer US Export Leaders ETF by 7.3% during the 3rd quarter. Visionary Horizons LLC now owns 46,246 shares of the company’s stock valued at $3,415,000 after acquiring an additional 3,161 shares during the period. Thoroughbred Financial Services LLC purchased a new stake in shares of Pacer US Export Leaders ETF during the 3rd quarter worth approximately $2,176,000. Harbour Investments Inc. purchased a new stake in shares of Pacer US Export Leaders ETF during the 3rd quarter worth approximately $1,634,000. Western Wealth Management LLC boosted its stake in shares of Pacer US Export Leaders ETF by 77.8% during the 3rd quarter. Western Wealth Management LLC now owns 11,695 shares of the company’s stock worth $864,000 after acquiring an additional 5,117 shares in the last quarter. Finally, Signature Equity Partners LLC grew its holdings in shares of Pacer US Export Leaders ETF by 19.0% in the 3rd quarter. Signature Equity Partners LLC now owns 7,297 shares of the company’s stock worth $539,000 after acquiring an additional 1,163 shares during the period.

Pacer US Export Leaders ETF Trading Down 0.2%

Shares of PEXL traded down $0.11 during trading hours on Tuesday, reaching $70.06. The company had a trading volume of 488 shares, compared to its average volume of 2,208. The firm has a 50 day simple moving average of $71.95 and a 200-day simple moving average of $68.73. The company has a market capitalization of $51.84 million, a price-to-earnings ratio of 28.98 and a beta of 1.26. Pacer US Export Leaders ETF has a 12-month low of $55.51 and a 12-month high of $75.84.

Pacer US Export Leaders ETF Company Profile

(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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