Pacer Industrial Real Estate ETF (NYSEARCA:INDS) Short Interest Up 590.2% in June

Pacer Industrial Real Estate ETF (NYSEARCA:INDS) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 7,157 shares, an increase of 590.2% from the June 15th total of 1,037 shares. Based on an average trading volume of 9,257 shares, the short-interest ratio is presently 0.8 days. Currently, 0.3% of the shares of the company are short sold.

Pacer Industrial Real Estate ETF Stock Up 0.1%

NYSEARCA:INDS traded up $0.04 during trading hours on Monday, hitting $40.92. 2,149 shares of the stock traded hands, compared to its average volume of 11,318. Pacer Industrial Real Estate ETF has a 1 year low of $33.61 and a 1 year high of $41.53. The company has a market cap of $114.58 million, a price-to-earnings ratio of 24.92 and a beta of 1.06. The stock has a 50 day moving average price of $40.13 and a 200 day moving average price of $39.23.

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.