Short Interest in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Expands By 118.0%

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw a large growth in short interest in September. As of September 30th, there was short interest totalling 32,700 shares, a growth of 118.0% from the September 15th total of 15,000 shares. Based on an average trading volume of 62,500 shares, the days-to-cover ratio is presently 0.5 days.

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

An institutional investor recently raised its position in Pacer US Large Cap Cash Cows Growth Leaders ETF stock. Team Financial Group LLC raised its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 3.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 130,738 shares of the company’s stock after buying an additional 4,934 shares during the quarter. Pacer US Large Cap Cash Cows Growth Leaders ETF comprises about 2.4% of Team Financial Group LLC’s holdings, making the stock its 11th largest position. Team Financial Group LLC owned 1.92% of Pacer US Large Cap Cash Cows Growth Leaders ETF worth $3,550,000 at the end of the most recent quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

COWG traded up $0.29 during mid-day trading on Friday, reaching $29.73. 44,811 shares of the stock were exchanged, compared to its average volume of 52,862. The stock has a market capitalization of $237.84 million, a PE ratio of 25.31 and a beta of 1.07. The company has a 50 day moving average price of $27.70 and a two-hundred day moving average price of $26.76. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 1 year low of $20.37 and a 1 year high of $29.76.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Thursday, September 26th were issued a $0.0322 dividend. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date was Thursday, September 26th.

Pacer US Large Cap Cash Cows Growth Leaders ETF Company Profile

The Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a price momentum-weighted index of 100 large-cap US companies that exhibit the highest growth characteristics. COWG was launched on Dec 21, 2022 and is managed by Pacer.