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

Pacer Industrial Real Estate ETF (NYSEARCA:INDS) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 33,038 shares, an increase of 7,822.8% from the April 15th total of 417 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily volume of 9,703 shares, the short-interest ratio is presently 3.4 days.

Pacer Industrial Real Estate ETF Stock Performance

INDS traded down $0.12 during trading on Monday, reaching $40.40. The company’s stock had a trading volume of 6,435 shares, compared to its average volume of 12,680. The company’s fifty day moving average price is $38.88 and its 200-day moving average price is $38.52. Pacer Industrial Real Estate ETF has a 52-week low of $33.61 and a 52-week high of $41.25. The company has a market capitalization of $115.14 million, a price-to-earnings ratio of 24.92 and a beta of 1.08.

Pacer Industrial Real Estate ETF Company Profile

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.