Pacer BlueStar Engineering the Future ETF (NASDAQ:BULD) Sees Large Drop in Short Interest

Pacer BlueStar Engineering the Future ETF (NASDAQ:BULD) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 400 shares, a drop of 20.0% from the August 15th total of 500 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 2.0 days.

Pacer BlueStar Engineering the Future ETF Price Performance

BULD stock traded up $0.29 during trading on Friday, reaching $20.91. 25 shares of the stock traded hands, compared to its average volume of 381. The firm has a market capitalization of $836,400.00, a PE ratio of 28.00 and a beta of -1.46. The business’s 50 day moving average price is $21.46 and its 200-day moving average price is $22.33. Pacer BlueStar Engineering the Future ETF has a 52-week low of $17.34 and a 52-week high of $24.52.

Pacer BlueStar Engineering the Future ETF Dividend Announcement

The firm also recently disclosed a Semi-Annual dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Thursday, June 27th were given a $0.0259 dividend. The ex-dividend date was Thursday, June 27th.

Pacer BlueStar Engineering the Future ETF Company Profile

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.