Pacer American Energy Independence ETF (NYSEARCA:USAI – Get Free Report) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 3,081 shares, a decline of 88.7% from the September 30th total of 27,349 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 11,805 shares, the short-interest ratio is presently 0.3 days.
Pacer American Energy Independence ETF Stock Performance
USAI traded up $0.06 during midday trading on Monday, hitting $46.52. The company had a trading volume of 4,151 shares, compared to its average volume of 14,956. The company has a market capitalization of $125.60 million, a PE ratio of 19.96 and a beta of 0.67. The firm’s 50-day simple moving average is $46.19 and its 200-day simple moving average is $46.13. Pacer American Energy Independence ETF has a twelve month low of $36.49 and a twelve month high of $49.14.
About Pacer American Energy Independence ETF
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.
Further Reading
- Five stocks we like better than Pacer American Energy Independence ETF
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
- 5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps
- Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
Receive News & Ratings for Pacer American Energy Independence ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacer American Energy Independence ETF and related companies with MarketBeat.com's FREE daily email newsletter.
