Pacer BlueStar Engineering the Future ETF (NASDAQ:BULD) Sees Large Increase in Short Interest

Pacer BlueStar Engineering the Future ETF (NASDAQ:BULD) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 7,276 shares, a growth of 199.1% from the May 14th total of 2,433 shares. Approximately 4.5% of the shares of the stock are sold short. Based on an average daily volume of 7,135 shares, the short-interest ratio is currently 1.0 days.

Pacer BlueStar Engineering the Future ETF Price Performance

Shares of BULD stock opened at $35.56 on Friday. The company has a market capitalization of $5.69 million, a price-to-earnings ratio of 29.69 and a beta of 1.48. Pacer BlueStar Engineering the Future ETF has a one year low of $21.49 and a one year high of $35.62. The company’s fifty day moving average price is $31.74 and its 200-day moving average price is $29.44.

About Pacer BlueStar Engineering the Future ETF

The Pacer BlueStar Engineering the Future ETF (BULD) is an exchange-traded fund that is based on the BlueStar Robotics & 3D Printing index. The fund tracks a modified market cap-weighted index of equities that provides global exposure to robotics and 3D printing. BULD was launched on May 4, 2022 and is managed by Pacer.