Pacer PE/VC ETF Short Interest Drops 90.7%

Across five ETFs, July 31 short-interest data show sharp reductions of roughly 90% or more, signaling reduced near-term bearish positioning: PE/VC ETF (PEVC) down 90.7% to 40 shares with a 0.4-day cover and a recent price around $32, while SHDG fell 90.9% to 83 shares with essentially no shares sold short and a 0.0-day cover. EVIM declined 90.7% to 8,294 shares with a 0.3-day cover, and QXQ dropped 91.2% to 1,061 shares with no short sale activity and a dividend disclosed. PALC slid 91.0% to 211 shares, also with effectively zero days to cover, amid a new stake from JPMorgan Chase. In several cases, new or increased stakes by hedge funds and large institutions accompanied the declines, including Royal Bank of Canada in PEVC, Crestwood Advisors Group in SHDG, Janney Montgomery Scott and Flow Traders U.S. LLC in EVIM, and JPMorgan in PALC, underscoring ongoing shifts in holdings alongside evolving ETF strategies.