Short Interest in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Drops By 22.9%

Posted by Defense World Staff on Nov 15th, 2024

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG – Get Free Report) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 2,700 shares, a drop of 22.9% from the October 15th total of 3,500 shares. Based on an average daily trading volume, of 4,700 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Pacer US Small Cap Cash Cows Growth Leaders ETF

An institutional investor recently raised its position in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Captrust Financial Advisors grew its holdings in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG – Free Report) by 3.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,243 shares of the company’s stock after acquiring an additional 451 shares during the quarter. Captrust Financial Advisors owned 1.89% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $337,000 at the end of the most recent reporting period.

Pacer US Small Cap Cash Cows Growth Leaders ETF Stock Down 2.3 %

Shares of NASDAQ:CAFG opened at $26.45 on Friday. The firm has a 50 day moving average of $25.26 and a 200 day moving average of $24.50. The company has a market capitalization of $18.52 million, a price-to-earnings ratio of 14.84 and a beta of 1.15. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 52 week low of $21.13 and a 52 week high of $27.68.

Pacer US Small Cap Cash Cows Growth Leaders ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Thursday, September 26th were given a $0.0139 dividend. This represents a $0.06 annualized dividend and a dividend yield of 0.21%. The ex-dividend date was Thursday, September 26th.

Pacer US Small Cap Cash Cows Growth Leaders ETF Company Profile

(Get Free Report)

The Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a price momentum-weighted index of 100 small-cap US companies that exhibit the highest growth characteristics. CAFG was launched on May 1, 2023 and is managed by Pacer.