Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Short Interest Up 236.3% in July

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 59,457 shares, an increase of 236.3% from the June 30th total of 17,681 shares. Based on an average daily volume of 254,259 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Pacer US Large Cap Cash Cows Growth Leaders ETF Price Performance

Shares of NASDAQ COWG traded down $0.31 during mid-day trading on Friday, hitting $37.24. The company’s stock had a trading volume of 130,383 shares, compared to its average volume of 431,996. Pacer US Large Cap Cash Cows Growth Leaders ETF has a one year low of $32.64 and a one year high of $40.26. The company’s fifty day simple moving average is $38.52 and its 200-day simple moving average is $36.45. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 30.38 and a beta of 1.02.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, June 8th. Investors of record on Thursday, June 4th were issued a $0.0327 dividend. This is an increase from Pacer US Large Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01. The ex-dividend date was Thursday, June 4th.

Institutional Trading of Pacer US Large Cap Cash Cows Growth Leaders ETF

A number of institutional investors have recently bought and sold shares of the business. Sound Income Strategies LLC acquired a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the 4th quarter valued at $86,000. CoreCap Advisors LLC increased its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 14.9% in the second quarter. CoreCap Advisors LLC now owns 3,058 shares of the company’s stock valued at $123,000 after purchasing an additional 396 shares during the last quarter. First Horizon Corp bought a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF in the fourth quarter valued at about $109,000. Triumph Capital Management acquired a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF in the third quarter valued at about $131,000. Finally, Atlas Wealth LLC bought a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF during the fourth quarter worth about $213,000.

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.