Pacer Solactive Whitney Future of Warfare ETF (BATS:FOWF) Short Interest Down 75.8% in May

Pacer Solactive Whitney Future of Warfare ETF (BATS:FOWF) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 236 shares, a decline of 75.8% from the May 14th total of 974 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 2,182 shares, the days-to-cover ratio is currently 0.1 days.

Pacer Solactive Whitney Future of Warfare ETF Price Performance

BATS:FOWF remained flat at $34.05 during mid-day trading on Friday. 381 shares of the company were exchanged, compared to its average volume of 3,893. Pacer Solactive Whitney Future of Warfare ETF has a 52 week low of $27.99 and a 52 week high of $35.78. The business’s 50-day simple moving average is $33.48 and its two-hundred day simple moving average is $32.89. The stock has a market capitalization of $1.70 million and a price-to-earnings ratio of 23.66.

Pacer Solactive Whitney Future of Warfare ETF Company Profile

The Pacer Solactive Whitney Future of Warfare ETF (FOWF) is an exchange-traded fund that is based on the Solactive Whitney Future of Warfare index. The fund is passively managed to hold stocks from developed market countries associated with sectors determined to shape defense programs of the US and its allies. Stocks are selected based on a proprietary rating system and weights holdings based on defense spending data from the US Department of Defense (DOD) FOWF was launched on Dec 17, 2024 and is issued by Pacer.