Pacer American Energy Independence ETF (NYSEARCA:USAI) Shares Shorted: Short Interest Down 88.7% in October

Pacer American Energy Independence ETF (NYSEARCA:USAI – Get Free Report) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 3,081 shares, a decrease of 88.7% from the September 30th total of 27,349 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 11,805 shares, the short-interest ratio is currently 0.3 days.

Pacer American Energy Independence ETF Trading Up 0.1%

NYSEARCA:USAI opened at $46.52 on Tuesday. The firm has a market capitalization of $125.60 million, a PE ratio of 19.96 and a beta of 0.67. The firm’s fifty day simple moving average is $46.17 and its 200 day simple moving average is $45.39. Pacer American Energy Independence ETF has a 1 year low of $36.49 and a 1 year high of $49.14.

About Pacer American Energy Independence ETF

(Get Free Report)

The Pacer American Energy Independence ETF (USAI) is an exchange-traded fund that is based on the American Energy Independence index. The fund tracks an index of US and Canadian MLPs involved in midstream energy infrastructure. USAI was launched on Dec 13, 2017 and is managed by Pacer.

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