Short Interest in Pacer MSCI World Industry Advantage ETF (BATS:GLBL) Rises By 126.4%

Pacer MSCI World Industry Advantage ETF (BATS:GLBL) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 627 shares, an increase of 126.4% from the May 14th total of 277 shares. Based on an average daily volume of 169 shares, the days-to-cover ratio is presently 3.7 days. Approximately 1.6% of the company’s stock are sold short.

Pacer MSCI World Industry Advantage ETF Stock Performance

BATS:GLBL opened at $27.64 on Monday. The firm has a 50-day simple moving average of $26.87 and a 200-day simple moving average of $25.65. Pacer MSCI World Industry Advantage ETF has a one year low of $21.80 and a one year high of $28.67. The firm has a market cap of $1.11 million and a P/E ratio of 26.55.

Pacer MSCI World Industry Advantage ETF Company Profile

The Pacer MSCI World Industry Advantage ETF (GLBL) is an exchange-traded fund that mostly invests in total market equity. The fund aims to track an index that selects a set of securities from leading countries which have the highest active weight in each of the GICS Industry Groups relative to the parent index. Weighting is based on modified market-cap. GLBL was launched on Sep 16, 2024 and is issued by Pacer.