Short Interest in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Rises By 317.4%

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 19,200 shares, a growth of 317.4% from the February 13th total of 4,600 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 27,900 shares, the days-to-cover ratio is currently 0.7 days.

Pacer Emerging Markets Cash Cows 100 ETF Price Performance

Shares of NASDAQ:ECOW opened at $20.61 on Friday. Pacer Emerging Markets Cash Cows 100 ETF has a 12 month low of $18.89 and a 12 month high of $22.70. The firm has a market capitalization of $89.65 million, a P/E ratio of 6.91 and a beta of 0.87. The company’s fifty day moving average price is $20.01 and its 200 day moving average price is $20.51.

Pacer Emerging Markets Cash Cows 100 ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 27th were issued a dividend of $0.5523 per share. The ex-dividend date of this dividend was Friday, December 27th.

Institutional Trading of Pacer Emerging Markets Cash Cows 100 ETF

Several hedge funds and other institutional investors have recently bought and sold shares of ECOW. Nations Financial Group Inc. IA ADV lifted its holdings in Pacer Emerging Markets Cash Cows 100 ETF by 3.2% in the third quarter. Nations Financial Group Inc. IA ADV now owns 22,881 shares of the company’s stock worth $500,000 after acquiring an additional 710 shares during the last quarter. Flow Traders U.S. LLC lifted its holdings in shares of Pacer Emerging Markets Cash Cows 100 ETF by 183.0% in the 3rd quarter. Flow Traders U.S. LLC now owns 241,433 shares of the company’s stock worth $5,278,000 after purchasing an additional 156,109 shares during the last quarter. Baird Financial Group Inc. acquired a new position in Pacer Emerging Markets Cash Cows 100 ETF during the 4th quarter valued at approximately $342,000. Finally, Copia Wealth Management bought a new position in Pacer Emerging Markets Cash Cows 100 ETF during the 4th quarter worth $68,000.

About Pacer Emerging Markets Cash Cows 100 ETF

The Pacer Emerging Markets Cash Cows 100 ETF (ECOW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a fundamentally-weighted index of large- and mid-cap emerging market companies. ECOW was launched on May 2, 2019 and is managed by Pacer.