Pacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL) Short Interest Update
by Jessica Moore · The Cerbat GemPacer Lunt Large Cap Alternator ETF (NYSEARCA:ALTL – Get Free Report) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 8,698 shares, a decline of 19.6% from the November 30th total of 10,821 shares. Based on an average trading volume of 16,471 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are short sold. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 16,471 shares, the short-interest ratio is presently 0.5 days.
Institutional Investors Weigh In On Pacer Lunt Large Cap Alternator ETF
Several hedge funds have recently made changes to their positions in the company. Geneos Wealth Management Inc. increased its stake in shares of Pacer Lunt Large Cap Alternator ETF by 25.2% during the second quarter. Geneos Wealth Management Inc. now owns 419,791 shares of the company’s stock valued at $15,809,000 after buying an additional 84,427 shares during the period. Lunt Capital Management Inc. grew its holdings in Pacer Lunt Large Cap Alternator ETF by 1.4% during the 2nd quarter. Lunt Capital Management Inc. now owns 229,256 shares of the company’s stock worth $8,634,000 after acquiring an additional 3,073 shares in the last quarter. Raymond James Financial Inc. increased its position in Pacer Lunt Large Cap Alternator ETF by 1.9% during the 2nd quarter. Raymond James Financial Inc. now owns 190,115 shares of the company’s stock valued at $7,160,000 after purchasing an additional 3,473 shares during the period. WBI Investments LLC raised its holdings in shares of Pacer Lunt Large Cap Alternator ETF by 111.5% in the 1st quarter. WBI Investments LLC now owns 86,117 shares of the company’s stock valued at $2,998,000 after purchasing an additional 45,404 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of Pacer Lunt Large Cap Alternator ETF by 20.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 50,461 shares of the company’s stock worth $1,757,000 after purchasing an additional 8,681 shares during the period.
Pacer Lunt Large Cap Alternator ETF Price Performance
Shares of NYSEARCA:ALTL traded down $0.31 during trading hours on Thursday, hitting $42.92. 9,113 shares of the company’s stock traded hands, compared to its average volume of 19,066. The business has a fifty day moving average price of $43.24 and a 200-day moving average price of $41.31. Pacer Lunt Large Cap Alternator ETF has a 1 year low of $31.30 and a 1 year high of $45.11. The firm has a market capitalization of $107.30 million, a P/E ratio of 21.07 and a beta of 0.98.
About Pacer Lunt Large Cap Alternator ETF
The Pacer Lunt Large Cap Alternator ETF (ALTL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that alternates exposure between low volatility and high-beta US stocks, weighted by momentum. ALTL was launched on Jun 24, 2020 and is managed by Pacer.