Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) Short Interest Update

Pacer Trendpilot US Bond ETF (NYSEARCA:PTBD) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 8,976 shares, a growth of 31.1% from the January 15th total of 6,845 shares. Based on an average daily volume of 35,262 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 35,262 shares, the short-interest ratio is presently 0.3 days.

Pacer Trendpilot US Bond ETF Stock Performance

Shares of NYSEARCA PTBD opened at $19.47 on Wednesday. The stock’s 50 day moving average price is $19.45 and its 200-day moving average price is $19.63. Pacer Trendpilot US Bond ETF has a twelve month low of $19.30 and a twelve month high of $20.40.

Pacer Trendpilot US Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, January 26th. Shareholders of record on Thursday, January 22nd were paid a $0.0612 dividend. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Thursday, January 22nd.

Institutional Investors Weigh In On Pacer Trendpilot US Bond ETF

A number of hedge funds have recently made changes to their positions in PTBD. IFP Advisors Inc bought a new position in Pacer Trendpilot US Bond ETF during the second quarter valued at about $101,000. Geneos Wealth Management Inc. boosted its stake in Pacer Trendpilot US Bond ETF by 17.0% in the second quarter. Geneos Wealth Management Inc. now owns 6,277 shares of the company’s stock valued at $124,000 after acquiring an additional 910 shares during the last quarter. Truist Financial Corp grew its position in shares of Pacer Trendpilot US Bond ETF by 5.0% during the 4th quarter. Truist Financial Corp now owns 12,647 shares of the company’s stock valued at $245,000 after acquiring an additional 603 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Pacer Trendpilot US Bond ETF by 2,182.1% during the 4th quarter. Farther Finance Advisors LLC now owns 18,919 shares of the company’s stock worth $367,000 after purchasing an additional 18,090 shares during the last quarter. Finally, ORG Partners LLC increased its stake in shares of Pacer Trendpilot US Bond ETF by 3.2% during the 4th quarter. ORG Partners LLC now owns 21,599 shares of the company’s stock worth $419,000 after purchasing an additional 670 shares during the last quarter.

Pacer Trendpilot US Bond ETF Company Profile

The Pacer Trendpilot US Bond ETF (PTBD) is an exchange-traded fund that is based on the Pacer Trendpilot US Bond index. The fund tracks an index that uses a momentum-driven proprietary strategy that toggles between U.S. High Yield Corporate Bonds and 7-10 Year Treasury Bonds. PTBD was launched on Oct 22, 2019 and is managed by Pacer.