Pacer US Cash Cows Bond ETF (BATS:MILK) Short Interest Update

Pacer US Cash Cows Bond ETF (BATS:MILK) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 10,225 shares, a drop of 61.6% from the July 30th total of 26,633 shares. Currently, 5.1% of the shares of the stock are sold short. Based on an average trading volume of 2,745 shares, the days-to-cover ratio is currently 3.7 days.

Hedge Funds Weigh In On Pacer US Cash Cows Bond ETF

A number of institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC bought a new stake in shares of Pacer US Cash Cows Bond ETF during the 1st quarter worth $1,201,000. Ameritas Advisory Services LLC bought a new position in shares of Pacer US Cash Cows Bond ETF during the 2nd quarter valued at about $82,000. Finally, Kestra Advisory Services LLC raised its holdings in shares of Pacer US Cash Cows Bond ETF by 3.2% during the 4th quarter. Kestra Advisory Services LLC now owns 104,652 shares of the company’s stock valued at $2,571,000 after buying an additional 3,256 shares in the last quarter.

Pacer US Cash Cows Bond ETF Price Performance

Shares of BATS MILK opened at $24.17 on Friday. The business has a 50-day moving average of $24.32 and a 200-day moving average of $24.45. Pacer US Cash Cows Bond ETF has a 12 month low of $23.83 and a 12 month high of $25.95.

Pacer US Cash Cows Bond ETF Company Profile

The Pacer US Cash Cows Bond ETF (MILK) is an exchange-traded fund that is based on the Solactive Pacer US Cash Cows Bond index. The fund tracks an index of investment grade US corporate bonds, selected based on cash flow yield and margins. The average weighted maturity of the portfolio is approximately 15 years MILK was launched on Dec 17, 2024 and is issued by Pacer.