Short Interest in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Drops By 12.3%

Posted by Chris Copeland on Jul 17th, 2024

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW – Get Free Report) was the target of a large decline in short interest in June. As of June 30th, there was short interest totalling 17,900 shares, a decline of 12.3% from the June 15th total of 20,400 shares. Based on an average daily trading volume, of 32,000 shares, the days-to-cover ratio is presently 0.6 days.

Pacer Emerging Markets Cash Cows 100 ETF Stock Down 1.1 %

Shares of ECOW traded down $0.22 during mid-day trading on Wednesday, hitting $20.72. 15,331 shares of the company’s stock were exchanged, compared to its average volume of 33,485. The stock has a market cap of $103.60 million, a price-to-earnings ratio of 5.70 and a beta of 0.87. The firm has a fifty day moving average of $21.20 and a two-hundred day moving average of $20.37. Pacer Emerging Markets Cash Cows 100 ETF has a twelve month low of $17.72 and a twelve month high of $22.18.

Pacer Emerging Markets Cash Cows 100 ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Thursday, June 27th were given a dividend of $0.6184 per share. This represents a $2.47 annualized dividend and a yield of 11.94%. The ex-dividend date of this dividend was Thursday, June 27th.

Hedge Funds Weigh In On Pacer Emerging Markets Cash Cows 100 ETF

A hedge fund recently bought a new stake in Pacer Emerging Markets Cash Cows 100 ETF stock. Nations Financial Group Inc. IA ADV acquired a new stake in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW – Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 22,622 shares of the company’s stock, valued at approximately $454,000. Nations Financial Group Inc. IA ADV owned approximately 0.50% of Pacer Emerging Markets Cash Cows 100 ETF as of its most recent filing with the SEC.

Pacer Emerging Markets Cash Cows 100 ETF Company Profile

(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.