Short Interest in Pacer Industrial Real Estate ETF (NYSEARCA:INDS) Decreases By 50.7%

Pacer Industrial Real Estate ETF (NYSEARCA:INDS) saw a significant decline in short interest in the month of 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 trading volume, of 7,580 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Pacer Industrial Real Estate ETF Stock Performance

Shares of NYSEARCA INDS traded up $0.19 during mid-day trading on Friday, hitting $40.93. The stock had a trading volume of 4,020 shares, compared to its average volume of 11,616. Pacer Industrial Real Estate ETF has a 1 year low of $33.61 and a 1 year high of $41.25. The business has a 50 day moving average price of $39.62 and a two-hundred day moving average price of $38.85. The firm has a market cap of $116.65 million, a P/E ratio of 24.92 and a beta of 1.06.

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.