Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Short Interest Update

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the target of a significant 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. Based on an average daily volume of 27,900 shares, the short-interest ratio is presently 0.7 days. Approximately 0.4% of the shares of the company are sold short.

Pacer Emerging Markets Cash Cows 100 ETF Stock Up 0.3 %

Shares of NASDAQ ECOW opened at $20.24 on Thursday. The stock has a market cap of $88.04 million, a PE ratio of 6.91 and a beta of 0.87. Pacer Emerging Markets Cash Cows 100 ETF has a 52-week low of $18.89 and a 52-week high of $22.70. The business has a 50-day moving average price of $19.96 and a 200 day moving average price of $20.51.

Pacer Emerging Markets Cash Cows 100 ETF Announces Dividend

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Flow Traders U.S. LLC raised its stake in shares of Pacer Emerging Markets Cash Cows 100 ETF by 183.0% during the third 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. purchased a new stake in Pacer Emerging Markets Cash Cows 100 ETF during the fourth quarter worth about $342,000. Copia Wealth Management acquired a new position in Pacer Emerging Markets Cash Cows 100 ETF during the fourth quarter worth about $68,000. Finally, Nations Financial Group Inc. IA ADV increased its holdings in Pacer Emerging Markets Cash Cows 100 ETF by 6.7% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 24,409 shares of the company’s stock valued at $474,000 after buying an additional 1,528 shares in the last quarter.

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.