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

Pacer Industrial Real Estate ETF (NYSEARCA:INDS) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 1,798 shares, a decline of 94.6% from the April 30th total of 33,038 shares. Based on an average daily trading volume, of 9,647 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Pacer Industrial Real Estate ETF Stock Performance

Shares of NYSEARCA INDS traded up $0.02 during midday trading on Wednesday, reaching $40.27. The company’s stock had a trading volume of 7,597 shares, compared to its average volume of 11,998. Pacer Industrial Real Estate ETF has a fifty-two week low of $33.61 and a fifty-two week high of $41.25. The business’s 50 day moving average price is $38.93 and its two-hundred day moving average price is $38.64. The company has a market cap of $114.77 million, a P/E ratio of 24.92 and a beta of 1.08.

About Pacer Industrial Real Estate ETF

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.