Pacer Industrial Real Estate ETF (NYSEARCA:INDS) Stock Short Interest Jumps 78.2%

Pacer Industrial Real Estate ETF (NYSEARCA:INDS) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 8,702 shares, a growth of 78.2% from the September 30th total of 4,882 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 7,938 shares, the short-interest ratio is presently 1.1 days.

Pacer Industrial Real Estate ETF Trading Down 0.4%

INDS stock traded down $0.15 during midday trading on Tuesday, hitting $39.90. 373 shares of the company’s stock were exchanged, compared to its average volume of 10,625. Pacer Industrial Real Estate ETF has a 1-year low of $35.96 and a 1-year high of $43.04. The stock has a market capitalization of $105.74 million, a PE ratio of 25.20 and a beta of 1.03. The business has a 50-day simple moving average of $38.63 and a two-hundred day simple moving average of $39.57.

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.