Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Short Interest Down 32.7% in August

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 43,147 shares, a drop of 32.7% from the July 30th total of 64,156 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 17,993 shares, the days-to-cover ratio is presently 2.4 days.

Pacer Emerging Markets Cash Cows 100 ETF Price Performance

Shares of NASDAQ ECOW traded up $0.04 during trading hours on Tuesday, hitting $27.64. 45,379 shares of the company’s stock were exchanged, compared to its average volume of 49,258. Pacer Emerging Markets Cash Cows 100 ETF has a 1-year low of $23.27 and a 1-year high of $29.53. The stock has a market capitalization of $222.50 million, a price-to-earnings ratio of 10.14 and a beta of 0.63. The company’s 50-day moving average price is $27.23 and its 200-day moving average price is $27.24.

Pacer Emerging Markets Cash Cows 100 ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, June 8th. Shareholders of record on Thursday, June 4th were given a $0.0928 dividend. The ex-dividend date of this dividend was Thursday, June 4th.

Institutional Investors Weigh In On Pacer Emerging Markets Cash Cows 100 ETF

Hedge funds have recently modified their holdings of the business. Sankala Group LLC bought a new position in Pacer Emerging Markets Cash Cows 100 ETF during the fourth quarter worth $444,000. AdvisorNet Financial Inc bought a new stake in Pacer Emerging Markets Cash Cows 100 ETF in the 1st quarter valued at $98,000. Finally, Baird Financial Group Inc. boosted its holdings in Pacer Emerging Markets Cash Cows 100 ETF by 14.5% in the 2nd quarter. Baird Financial Group Inc. now owns 24,006 shares of the company’s stock valued at $530,000 after purchasing an additional 3,039 shares during the period.

Pacer Emerging Markets Cash Cows 100 ETF Company Profile

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.