Short Interest in Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Increases By 86.0%

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 201,861 shares, an increase of 86.0% from the April 30th total of 108,518 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 181,579 shares, the short-interest ratio is currently 1.1 days.

Institutional Trading of Pacer Developed Markets International Cash Cows 100 ETF

Several hedge funds have recently added to or reduced their stakes in ICOW. Jones Financial Companies Lllp raised its position in Pacer Developed Markets International Cash Cows 100 ETF by 21.4% in the third quarter. Jones Financial Companies Lllp now owns 290,521 shares of the company’s stock worth $10,578,000 after acquiring an additional 51,257 shares during the period. Lake Street Private Wealth LLC increased its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 1.8% in the third quarter. Lake Street Private Wealth LLC now owns 24,287 shares of the company’s stock worth $885,000 after purchasing an additional 420 shares in the last quarter. Cozad Asset Management Inc. increased its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 15.7% in the third quarter. Cozad Asset Management Inc. now owns 64,110 shares of the company’s stock worth $2,335,000 after purchasing an additional 8,717 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 0.8% in the third quarter. NewEdge Advisors LLC now owns 72,988 shares of the company’s stock worth $2,658,000 after purchasing an additional 562 shares in the last quarter. Finally, Captrust Financial Advisors increased its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 0.9% in the third quarter. Captrust Financial Advisors now owns 76,237 shares of the company’s stock worth $2,777,000 after purchasing an additional 649 shares in the last quarter.

Pacer Developed Markets International Cash Cows 100 ETF Stock Performance

Shares of ICOW stock opened at $45.64 on Wednesday. The firm has a market cap of $1.55 billion, a price-to-earnings ratio of 10.04 and a beta of 0.84. Pacer Developed Markets International Cash Cows 100 ETF has a 52 week low of $33.14 and a 52 week high of $45.70. The firm’s 50-day simple moving average is $43.89 and its two-hundred day simple moving average is $41.73.

Pacer Developed Markets International Cash Cows 100 ETF Company Profile

The Pacer Developed Markets International Cash Cows 100 ETF (ICOW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of 100 companies out of the FTSE Developed Ex-US Index selected and weighted by free cash flow. ICOW was launched on Jun 16, 2017 and is managed by Pacer.