Pacer Industrial Real Estate ETF (NYSEARCA:INDS) Shares Shorted: Short Interest Up 78.2% in October

by · The Markets Daily

Pacer Industrial Real Estate ETF (NYSEARCA:INDS – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 8,702 shares, an increase of 78.2% from the September 30th total of 4,882 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 7,938 shares, the short-interest ratio is currently 1.1 days.

Pacer Industrial Real Estate ETF Trading Up 1.9%

NYSEARCA INDS traded up $0.76 on Monday, reaching $40.05. The stock had a trading volume of 7,059 shares, compared to its average volume of 10,675. The business has a 50 day moving average price of $38.66 and a 200 day moving average price of $39.56. Pacer Industrial Real Estate ETF has a 1 year low of $35.96 and a 1 year high of $43.04. The company has a market capitalization of $106.13 million, a price-to-earnings ratio of 24.92 and a beta of 1.04.

Pacer Industrial Real Estate ETF Company Profile

(Get Free Report)

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.

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