Pacer Industrial Real Estate ETF (NYSEARCA:INDS) Stock Short Interest Falls 77.5%

Pacer Industrial Real Estate ETF (NYSEARCA:INDS) was the target of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 1,960 shares, a decrease of 77.5% from the October 15th total of 8,702 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 6,107 shares, the days-to-cover ratio is presently 0.3 days.

Pacer Industrial Real Estate ETF Stock Down 0.0%

Shares of NYSEARCA:INDS opened at $40.27 on Thursday. The firm has a market capitalization of $106.72 million, a PE ratio of 25.20 and a beta of 0.99. Pacer Industrial Real Estate ETF has a twelve month low of $35.96 and a twelve month high of $43.04. The company has a 50-day moving average price of $38.57 and a two-hundred day moving average price of $39.62.

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.