Pacer Industrials and Logistics ETF (NYSEARCA:SHPP) Short Interest Update

by · The Cerbat Gem

Pacer Industrials and Logistics ETF (NYSEARCA:SHPP – Get Free Report) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 21 shares, a decline of 66.1% from the May 14th total of 62 shares. Based on an average trading volume of 78 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Pacer Industrials and Logistics ETF stock. Jane Street Group LLC purchased a new position in shares of Pacer Industrials and Logistics ETF (NYSEARCA:SHPP – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 16,540 shares of the company’s stock, valued at approximately $487,000. Jane Street Group LLC owned 13.78% of Pacer Industrials and Logistics ETF as of its most recent SEC filing.

Pacer Industrials and Logistics ETF Trading Up 0.0%

Shares of Pacer Industrials and Logistics ETF stock traded up $0.01 on Friday, reaching $34.22. 11 shares of the stock were exchanged, compared to its average volume of 238. Pacer Industrials and Logistics ETF has a 1-year low of $27.44 and a 1-year high of $34.74. The business has a fifty day moving average price of $33.06 and a two-hundred day moving average price of $31.44. The firm has a market capitalization of $2.05 million, a PE ratio of 16.21 and a beta of 1.08.

About Pacer Industrials and Logistics ETF

(Get Free Report)

The Pacer Industrials and Logistics ETF (SHPP) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a market cap-weighted index of global companies engaged in transportation, logistics software and hardware, as well as the ancillary services that support the global distribution supply chains. SHPP was launched on Jun 8, 2022 and is managed by Pacer.

See Also