Pacer Industrial Real Estate ETF (NYSEARCA:INDS) Short Interest Update

Pacer Industrial Real Estate ETF (NYSEARCA:INDS) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 887 shares, a decrease of 50.7% from the May 14th total of 1,798 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 7,580 shares, the short-interest ratio is presently 0.1 days.

Pacer Industrial Real Estate ETF Stock Performance

Shares of Pacer Industrial Real Estate ETF stock traded down $0.26 during midday trading on Monday, hitting $40.67. The company had a trading volume of 6,010 shares, compared to its average volume of 11,566. The stock has a market capitalization of $115.91 million, a P/E ratio of 24.92 and a beta of 1.06. The company has a 50 day moving average of $39.68 and a 200 day moving average of $38.87. Pacer Industrial Real Estate ETF has a 52-week low of $33.61 and a 52-week high of $41.25.

Pacer Industrial Real Estate ETF Company Profile

The Pacer Benchmark Industrial Real Estate SCTR ETF (INDS) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index of developed market companies that derive at least 85% of their revenue from industrial real estate activities. INDS was launched on May 14, 2018 and is managed by Pacer.