Short Interest in Pacer BlueStar Engineering the Future ETF (NASDAQ:BULD) Drops By 49.5%

Pacer BlueStar Engineering the Future ETF (NASDAQ:BULD) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 2,280 shares, a drop of 49.5% from the February 12th total of 4,518 shares. Approximately 2.3% of the company’s shares are short sold. Based on an average trading volume of 3,136 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 3,136 shares, the short-interest ratio is presently 0.7 days. Approximately 2.3% of the company’s shares are short sold.

Pacer BlueStar Engineering the Future ETF Stock Performance

Shares of NASDAQ:BULD traded down $0.20 during mid-day trading on Friday, hitting $27.75. The stock had a trading volume of 811 shares, compared to its average volume of 2,866. The company’s 50 day moving average is $29.32 and its 200-day moving average is $27.25. Pacer BlueStar Engineering the Future ETF has a 12-month low of $17.64 and a 12-month high of $31.86. The company has a market cap of $2.78 million, a PE ratio of 29.69 and a beta of 1.47.

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.