Pacer MSCI World Industry Advantage ETF (BATS:GLBL) Sees Significant Decline in Short Interest

Pacer MSCI World Industry Advantage ETF (BATS:GLBL) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 277 shares, a drop of 66.6% from the April 30th total of 830 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 75 shares, the days-to-cover ratio is currently 3.7 days.

Pacer MSCI World Industry Advantage ETF Price Performance

Shares of Pacer MSCI World Industry Advantage ETF stock traded up $0.17 during trading hours on Friday, hitting $28.54. The company had a trading volume of 346 shares, compared to its average volume of 277. The company’s 50-day moving average is $26.01 and its two-hundred day moving average is $25.42. The company has a market cap of $1.14 million and a P/E ratio of 26.55. Pacer MSCI World Industry Advantage ETF has a twelve month low of $21.57 and a twelve month high of $28.54.

Pacer MSCI World Industry Advantage ETF Company Profile

The Pacer MSCI World Industry Advantage ETF (GLBL) is an exchange-traded fund that mostly invests in total market equity. The fund aims to track an index that selects a set of securities from leading countries which have the highest active weight in each of the GICS Industry Groups relative to the parent index. Weighting is based on modified market-cap. GLBL was launched on Sep 16, 2024 and is issued by Pacer.