Short Interest in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Declines By 41.8%

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 11,672 shares, a drop of 41.8% from the August 15th total of 20,055 shares. Currently, 1.3% of the company’s shares are sold short. Based on an average daily volume of 7,329 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Investors Weigh In On Pacer US Small Cap Cash Cows Growth Leaders ETF

A hedge fund recently bought a new stake in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Sankala Group LLC acquired a new position in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 7,350 shares of the company’s stock, valued at approximately $206,000. Sankala Group LLC owned 1.05% of Pacer US Small Cap Cash Cows Growth Leaders ETF at the end of the most recent reporting period.

Pacer US Small Cap Cash Cows Growth Leaders ETF Stock Up 0.7%

Shares of NASDAQ CAFG opened at $32.89 on Thursday. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 52-week low of $24.24 and a 52-week high of $34.76. The firm has a fifty day moving average of $33.39 and a 200-day moving average of $31.28. The stock has a market capitalization of $65.75 million, a PE ratio of 19.44 and a beta of 0.97.

Pacer US Small Cap Cash Cows Growth Leaders ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Thursday, September 3rd were issued a $0.0232 dividend. The ex-dividend date was Thursday, September 3rd. This represents a $0.09 dividend on an annualized basis and a yield of 0.3%.

About Pacer US Small Cap Cash Cows Growth Leaders ETF

The Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a price momentum-weighted index of 100 small-cap US companies that exhibit the highest growth characteristics. CAFG was launched on May 1, 2023 and is managed by Pacer.