Pacer Industrial Real Estate ETF (NYSEARCA:INDS) Sees Significant Decrease in Short Interest

Pacer Industrial Real Estate ETF (NYSEARCA:INDS) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 887 shares, a decline of 50.7% from the May 14th total of 1,798 shares. Based on an average daily volume of 7,580 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Pacer Industrial Real Estate ETF Price Performance

INDS stock opened at $40.93 on Friday. Pacer Industrial Real Estate ETF has a 1 year low of $33.61 and a 1 year high of $41.25. The stock has a market capitalization of $116.65 million, a PE ratio of 24.92 and a beta of 1.06. The company’s 50-day moving average is $39.62 and its 200-day moving average is $38.84.

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.