Short Interest in Pacer MSCI World Industry Advantage ETF (BATS:GLBL) Declines By 66.6%

Pacer MSCI World Industry Advantage ETF (BATS:GLBL) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 277 shares, a decrease of 66.6% from the April 30th total of 830 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 75 shares, the days-to-cover ratio is presently 3.7 days.

Pacer MSCI World Industry Advantage ETF Trading Up 0.6%

Shares of BATS GLBL opened at $28.54 on Friday. The firm’s 50-day moving average price is $26.01 and its 200-day moving average price is $25.42. The stock has a market capitalization of $1.14 million and a price-to-earnings ratio of 26.55. Pacer MSCI World Industry Advantage ETF has a 12-month low of $21.57 and a 12-month high of $28.54.

About Pacer MSCI World Industry Advantage ETF

The Pacer MSCI World Industry Advantage ETF (GLBL) is an exchange-traded fund that mostly invests in total market equity. The fund aims to track an index that selects a set of securities from leading countries which have the highest active weight in each of the GICS Industry Groups relative to the parent index. Weighting is based on modified market-cap. GLBL was launched on Sep 16, 2024 and is issued by Pacer.