Short Interest in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Expands By 56.0%

Posted by Grant Hamersma on Jun 16th, 2024

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW – Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 15,600 shares, a growth of 56.0% from the May 15th total of 10,000 shares. Based on an average daily trading volume, of 29,400 shares, the short-interest ratio is presently 0.5 days.

Pacer Emerging Markets Cash Cows 100 ETF Stock Performance

Shares of ECOW stock opened at $20.95 on Friday. The stock has a 50 day moving average price of $21.04 and a 200 day moving average price of $20.16. Pacer Emerging Markets Cash Cows 100 ETF has a 52-week low of $17.72 and a 52-week high of $22.18. The firm has a market capitalization of $99.51 million, a P/E ratio of 5.70 and a beta of 0.87.

Pacer Emerging Markets Cash Cows 100 ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.0275 per share. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend was Thursday, March 21st.

Institutional Investors Weigh In On Pacer Emerging Markets Cash Cows 100 ETF

An institutional investor recently raised its position in Pacer Emerging Markets Cash Cows 100 ETF stock. EverSource Wealth Advisors LLC grew its stake in shares of Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW – Free Report) by 72.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,383 shares of the company’s stock after acquiring an additional 580 shares during the period. EverSource Wealth Advisors LLC’s holdings in Pacer Emerging Markets Cash Cows 100 ETF were worth $28,000 at the end of the most recent quarter.

About Pacer Emerging Markets Cash Cows 100 ETF

(Get Free Report)

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.