Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sees Large Growth in Short Interest

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 126,065 shares, an increase of 389.5% from the December 15th total of 25,756 shares. Based on an average trading volume of 384,593 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 384,593 shares, the days-to-cover ratio is currently 0.3 days.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

Shares of NASDAQ:COWG traded up $0.04 during mid-day trading on Tuesday, reaching $36.45. 143,254 shares of the company’s stock were exchanged, compared to its average volume of 437,257. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 30.38 and a beta of 1.10. Pacer US Large Cap Cash Cows Growth Leaders ETF has a twelve month low of $26.20 and a twelve month high of $37.17. The business’s fifty day moving average price is $35.26 and its 200-day moving average price is $35.46.

Hedge Funds Weigh In On Pacer US Large Cap Cash Cows Growth Leaders ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. RVW Wealth LLC boosted its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 20.2% in the fourth quarter. RVW Wealth LLC now owns 296,578 shares of the company’s stock valued at $10,443,000 after acquiring an additional 49,749 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 13,708.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 63,520 shares of the company’s stock valued at $2,306,000 after purchasing an additional 63,060 shares during the last quarter. Triumph Capital Management acquired a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the third quarter worth $131,000. IFP Advisors Inc lifted its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 7.4% in the third quarter. IFP Advisors Inc now owns 16,807 shares of the company’s stock valued at $610,000 after buying an additional 1,156 shares during the period. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF in the third quarter valued at $206,000.

About Pacer US Large Cap Cash Cows Growth Leaders ETF

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.