Pacer Solactive Whitney Future of Warfare ETF (BATS:FOWF) Sees Large Drop in Short Interest

Pacer Solactive Whitney Future of Warfare ETF (BATS:FOWF) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 974 shares, a decline of 46.5% from the April 30th total of 1,820 shares. Approximately 1.9% of the shares of the company are short sold. Based on an average daily trading volume, of 4,457 shares, the short-interest ratio is currently 0.2 days.

Pacer Solactive Whitney Future of Warfare ETF Trading Up 0.1%

Shares of BATS FOWF opened at $34.83 on Tuesday. Pacer Solactive Whitney Future of Warfare ETF has a 12-month low of $27.87 and a 12-month high of $35.78. The company has a market cap of $1.74 million and a PE ratio of 23.66. The stock has a 50 day simple moving average of $33.23 and a 200-day simple moving average of $32.70.

About Pacer Solactive Whitney Future of Warfare ETF

The Pacer Solactive Whitney Future of Warfare ETF (FOWF) is an exchange-traded fund that is based on the Solactive Whitney Future of Warfare index. The fund is passively managed to hold stocks from developed market countries associated with sectors determined to shape defense programs of the US and its allies. Stocks are selected based on a proprietary rating system and weights holdings based on defense spending data from the US Department of Defense (DOD) FOWF was launched on Dec 17, 2024 and is issued by Pacer.