Pacer US Cash Cows Bond ETF (BATS:MILK) Stock Short Interest Falls 81.4%

Pacer US Cash Cows Bond ETF (BATS:MILK) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 1,421 shares, a decline of 81.4% from the August 31st total of 7,635 shares. Based on an average daily trading volume, of 4,495 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.7% of the company’s stock are sold short.

Hedge Funds Weigh In On Pacer US Cash Cows Bond ETF

A hedge fund recently bought a new stake in Pacer US Cash Cows Bond ETF stock. Ameritas Advisory Services LLC bought a new stake in shares of Pacer US Cash Cows Bond ETF (BATS:MILK) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,333 shares of the company’s stock, valued at approximately $82,000. Ameritas Advisory Services LLC owned approximately 1.67% of Pacer US Cash Cows Bond ETF at the end of the most recent reporting period.

Pacer US Cash Cows Bond ETF Stock Performance

Shares of MILK stock remained flat at $23.52 during trading hours on Friday. 12,221 shares of the company were exchanged, compared to its average volume of 6,566. The stock has a 50-day moving average price of $24.09 and a two-hundred day moving average price of $24.33. Pacer US Cash Cows Bond ETF has a 12-month low of $23.45 and a 12-month high of $25.95.

About Pacer US Cash Cows Bond ETF

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.