Pacer Industrial Real Estate ETF (NYSEARCA:INDS) Short Interest Up 74.1% in July

Pacer Industrial Real Estate ETF (NYSEARCA:INDS) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 12,463 shares, an increase of 74.1% from the June 30th total of 7,157 shares. Based on an average daily volume of 13,151 shares, the short-interest ratio is presently 0.9 days. Currently, 0.4% of the company’s shares are short sold.

Pacer Industrial Real Estate ETF Trading Up 0.1%

NYSEARCA:INDS opened at $42.08 on Friday. Pacer Industrial Real Estate ETF has a twelve month low of $33.99 and a twelve month high of $43.04. The company has a market cap of $117.82 million, a price-to-earnings ratio of 24.92 and a beta of 1.06. The stock has a fifty day simple moving average of $40.75 and a 200-day simple moving average of $39.69.

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.