Pacer MSCI World Industry Advantage ETF (BATS:GLBL) Sees Significant Decline in Short Interest

Pacer MSCI World Industry Advantage ETF (BATS:GLBL) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 277 shares, a decrease of 66.6% from the April 30th total of 830 shares. Based on an average daily trading volume, of 75 shares, the days-to-cover ratio is currently 3.7 days. Approximately 0.7% of the shares of the company are short sold.

Pacer MSCI World Industry Advantage ETF Price Performance

BATS:GLBL traded up $0.17 during midday trading on Friday, hitting $28.54. The company’s stock had a trading volume of 346 shares, compared to its average volume of 277. The firm’s 50 day moving average is $26.01 and its 200-day moving average is $25.42. Pacer MSCI World Industry Advantage ETF has a fifty-two week low of $21.57 and a fifty-two week high of $28.54. The firm has a market cap of $1.14 million and a P/E ratio of 26.55.

About Pacer MSCI World Industry Advantage ETF

The Pacer MSCI World Industry Advantage ETF (GLBL) is an exchange-traded fund that mostly invests in total market equity. The fund aims to track an index that selects a set of securities from leading countries which have the highest active weight in each of the GICS Industry Groups relative to the parent index. Weighting is based on modified market-cap. GLBL was launched on Sep 16, 2024 and is issued by Pacer.