Pacer Industrials and Logistics ETF (NYSEARCA:SHPP) Stock Short Interest Report for October

Pacer Industrials and Logistics ETF (NYSEARCA:SHPP) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 166 shares, a decline of 41.5% from the September 30th total of 284 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 104 shares, the days-to-cover ratio is currently 1.6 days.

Pacer Industrials and Logistics ETF Price Performance

Shares of NYSEARCA SHPP traded up $0.26 during mid-day trading on Monday, hitting $34.81. 77 shares of the stock traded hands, compared to its average volume of 219. Pacer Industrials and Logistics ETF has a twelve month low of $27.44 and a twelve month high of $36.12. The company has a market cap of $2.09 million, a PE ratio of 16.21 and a beta of 1.08. The firm has a 50 day simple moving average of $34.20 and a two-hundred day simple moving average of $33.13.

About Pacer Industrials and Logistics ETF

The Pacer Industrials and Logistics ETF (SHPP) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a market cap-weighted index of global companies engaged in transportation, logistics software and hardware, as well as the ancillary services that support the global distribution supply chains. SHPP was launched on Jun 8, 2022 and is managed by Pacer.