Short Interest in Pacer BlueStar Engineering the Future ETF (NASDAQ:BULD) Decreases By 80.2%

Pacer BlueStar Engineering the Future ETF (NASDAQ:BULD) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 4,956 shares, a decline of 80.2% from the June 30th total of 24,997 shares. Based on an average daily volume of 23,107 shares, the days-to-cover ratio is currently 0.2 days. Currently, 1.1% of the company’s shares are sold short.

Pacer BlueStar Engineering the Future ETF Stock Performance

BULD traded down $0.20 on Monday, reaching $33.58. 12,911 shares of the company’s stock were exchanged, compared to its average volume of 5,323. Pacer BlueStar Engineering the Future ETF has a twelve month low of $22.53 and a twelve month high of $38.50. The company’s 50 day moving average is $34.75 and its 200-day moving average is $31.34. The company has a market cap of $14.78 million, a price-to-earnings ratio of 29.69 and a beta of 1.44.

About Pacer BlueStar Engineering the Future ETF

The Pacer BlueStar Engineering the Future ETF (BULD) is an exchange-traded fund that is based on the BlueStar Robotics & 3D Printing index. The fund tracks a modified market cap-weighted index of equities that provides global exposure to robotics and 3D printing. BULD was launched on May 4, 2022 and is managed by Pacer.