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

Pacer Industrial Real Estate ETF (NYSEARCA:INDS) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 7,157 shares, a growth of 590.2% from the June 15th total of 1,037 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 9,257 shares, the days-to-cover ratio is presently 0.8 days.

Pacer Industrial Real Estate ETF Stock Up 0.5%

Shares of Pacer Industrial Real Estate ETF stock traded up $0.22 during trading on Friday, reaching $40.88. The company’s stock had a trading volume of 5,043 shares, compared to its average volume of 11,390. Pacer Industrial Real Estate ETF has a 52-week low of $33.61 and a 52-week high of $41.53. The firm’s 50-day moving average is $40.13 and its two-hundred day moving average is $39.22. The company has a market cap of $114.46 million, a price-to-earnings ratio of 24.92 and a beta of 1.06.

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.