Pacer American Energy Independence ETF (NYSEARCA:USAI) Short Interest Update

Pacer American Energy Independence ETF (NYSEARCA:USAI) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 11,839 shares, an increase of 89.3% from the August 31st total of 6,254 shares. Based on an average trading volume of 11,991 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.5% of the company’s shares are sold short.

Pacer American Energy Independence ETF Stock Down 0.2%

Shares of Pacer American Energy Independence ETF stock opened at $44.13 on Tuesday. The stock’s fifty day moving average is $46.76 and its two-hundred day moving average is $46.38. The company has a market capitalization of $112.53 million, a PE ratio of 19.96 and a beta of 0.63. Pacer American Energy Independence ETF has a 52 week low of $36.49 and a 52 week high of $49.14.

Pacer American Energy Independence ETF Company Profile

The Pacer American Energy Independence ETF (USAI) is an exchange-traded fund that is based on the American Energy Independence index. The fund tracks an index of US and Canadian MLPs involved in midstream energy infrastructure. USAI was launched on Dec 13, 2017 and is managed by Pacer.