Pacer US Cash Cows 100 ETF (BATS:COWZ) Short Interest Up 76.3% in July

Pacer US Cash Cows 100 ETF (BATS:COWZ) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 354,261 shares, a growth of 76.3% from the July 15th total of 200,947 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 944,242 shares, the days-to-cover ratio is currently 0.4 days.

Pacer US Cash Cows 100 ETF Trading Up 0.7%

BATS COWZ opened at $70.42 on Wednesday. The company has a market cap of $26.58 billion, a PE ratio of 14.17 and a beta of 0.95. Pacer US Cash Cows 100 ETF has a 12 month low of $55.62 and a 12 month high of $71.05. The stock has a 50 day moving average of $65.24 and a 200-day moving average of $63.97.

Hedge Funds Weigh In On Pacer US Cash Cows 100 ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. First Trust Advisors LP acquired a new stake in shares of Pacer US Cash Cows 100 ETF in the second quarter valued at approximately $268,000. Qube Research & Technologies Ltd raised its stake in Pacer US Cash Cows 100 ETF by 8.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 114,231 shares of the company’s stock valued at $6,294,000 after acquiring an additional 8,807 shares during the period. NCM Capital Management LLC raised its stake in Pacer US Cash Cows 100 ETF by 2.4% in the 2nd quarter. NCM Capital Management LLC now owns 41,532 shares of the company’s stock valued at $2,291,000 after acquiring an additional 954 shares during the period. Ausdal Financial Partners Inc. lifted its holdings in Pacer US Cash Cows 100 ETF by 8.1% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 302,611 shares of the company’s stock valued at $16,674,000 after purchasing an additional 22,578 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in Pacer US Cash Cows 100 ETF by 1.1% during the 2nd quarter. Benjamin Edwards Inc. now owns 69,713 shares of the company’s stock valued at $3,841,000 after purchasing an additional 792 shares during the last quarter.

About Pacer US Cash Cows 100 ETF

The Pacer US Cash Cows 100 ETF (COWZ) is an exchange-traded fund that is based on the Pacer US Cash Cows 100 index. The fund tracks a free cash flow-weighted index of companies selected from the Russell 1000 Index. COWZ was launched on Dec 16, 2016 and is managed by Pacer.