Pacer Industrials and Logistics ETF (NYSEARCA:SHPP – Get Free Report) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 84 shares, a growth of 200.0% from the April 15th total of 28 shares. Based on an average trading volume of 403 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares 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 bought a new stake in Pacer Industrials and Logistics ETF (NYSEARCA:SHPP – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 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 at the end of the most recent reporting period.
Pacer Industrials and Logistics ETF Trading Up 1.1%
SHPP stock traded up $0.37 during trading on Thursday, hitting $33.46. The company had a trading volume of 53 shares, compared to its average volume of 266. The stock has a market cap of $2.01 million, a PE ratio of 16.21 and a beta of 1.09. The business has a 50-day moving average of $31.58 and a 200-day moving average of $30.66. Pacer Industrials and Logistics ETF has a one year low of $27.28 and a one year high of $33.58.
Pacer Industrials and Logistics ETF Company Profile
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.
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