Pacer MSCI World Industry Advantage ETF (BATS:GLBL) Short Interest Up 126.4% in May

Pacer MSCI World Industry Advantage ETF (BATS:GLBL) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 627 shares, an increase of 126.4% from the May 14th total of 277 shares. Based on an average trading volume of 169 shares, the short-interest ratio is presently 3.7 days. Approximately 1.6% of the company’s shares are sold short.

Pacer MSCI World Industry Advantage ETF Price Performance

GLBL stock opened at $27.64 on Friday. The stock has a market capitalization of $1.11 million and a PE ratio of 26.55. The company’s 50-day moving average is $26.87 and its 200-day moving average is $25.64. Pacer MSCI World Industry Advantage ETF has a 1 year low of $21.80 and a 1 year high of $28.67.

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.