Short Interest in Pacer Solactive Whitney Future of Warfare ETF (BATS:FOWF) Decreases By 46.5%

Pacer Solactive Whitney Future of Warfare ETF (BATS:FOWF) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 974 shares, a decrease of 46.5% from the April 30th total of 1,820 shares. Approximately 1.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,457 shares, the days-to-cover ratio is presently 0.2 days.

Pacer Solactive Whitney Future of Warfare ETF Stock Performance

Shares of BATS FOWF opened at $34.79 on Monday. The firm’s 50-day moving average price is $33.20 and its 200-day moving average price is $32.67. The stock has a market capitalization of $1.74 million and a price-to-earnings ratio of 23.66. Pacer Solactive Whitney Future of Warfare ETF has a 12-month low of $27.62 and a 12-month high of $35.78.

Pacer Solactive Whitney Future of Warfare ETF Company Profile

The Pacer Solactive Whitney Future of Warfare ETF (FOWF) is an exchange-traded fund that is based on the Solactive Whitney Future of Warfare index. The fund is passively managed to hold stocks from developed market countries associated with sectors determined to shape defense programs of the US and its allies. Stocks are selected based on a proprietary rating system and weights holdings based on defense spending data from the US Department of Defense (DOD) FOWF was launched on Dec 17, 2024 and is issued by Pacer.