Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Sees Large Growth in Short Interest

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 20,246 shares, a growth of 63.3% from the December 15th total of 12,397 shares. Based on an average daily volume of 52,591 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the shares of the stock are short sold. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 52,591 shares, the days-to-cover ratio is currently 0.4 days.

Pacer Emerging Markets Cash Cows 100 ETF Stock Performance

Pacer Emerging Markets Cash Cows 100 ETF stock opened at $25.41 on Friday. The firm has a market cap of $142.30 million, a price-to-earnings ratio of 10.14 and a beta of 0.73. Pacer Emerging Markets Cash Cows 100 ETF has a 1 year low of $17.80 and a 1 year high of $26.07. The firm’s 50 day moving average price is $25.11 and its two-hundred day moving average price is $24.13.

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

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC purchased a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF during the second quarter valued at $84,000. Baird Financial Group Inc. raised its holdings in Pacer Emerging Markets Cash Cows 100 ETF by 14.5% during the 2nd quarter. Baird Financial Group Inc. now owns 24,006 shares of the company’s stock worth $530,000 after buying an additional 3,039 shares during the period. Finally, Nations Financial Group Inc. IA ADV raised its holdings in Pacer Emerging Markets Cash Cows 100 ETF by 8.9% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 34,004 shares of the company’s stock worth $831,000 after buying an additional 2,766 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.