Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Stock Short Interest Report for October

Pacer Global Cash Cows Dividend ETF (BATS:GCOW) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 143,786 shares, a growth of 459.8% from the October 15th total of 25,687 shares. Based on an average daily volume of 314,261 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the company’s shares are sold short.

Pacer Global Cash Cows Dividend ETF Trading Down 0.1%

BATS:GCOW opened at $47.49 on Wednesday. Pacer Global Cash Cows Dividend ETF has a 12 month low of $40.21 and a 12 month high of $48.75. The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of 14.43 and a beta of 0.53. The firm has a fifty day simple moving average of $46.33 and a two-hundred day simple moving average of $45.86.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Beaumont Financial Advisors LLC bought a new stake in shares of Pacer Global Cash Cows Dividend ETF during the first quarter valued at approximately $8,911,000. WNY Asset Management LLC acquired a new position in shares of Pacer Global Cash Cows Dividend ETF during the first quarter worth approximately $3,530,000. Kera Capital Partners Inc. raised its position in shares of Pacer Global Cash Cows Dividend ETF by 164.9% during the first quarter. Kera Capital Partners Inc. now owns 252,034 shares of the company’s stock worth $11,654,000 after purchasing an additional 156,907 shares during the period. Royal Bank of Canada lifted its holdings in shares of Pacer Global Cash Cows Dividend ETF by 47.0% in the 1st quarter. Royal Bank of Canada now owns 1,707,738 shares of the company’s stock worth $78,966,000 after purchasing an additional 546,241 shares in the last quarter. Finally, D.A. Davidson & CO. bought a new position in shares of Pacer Global Cash Cows Dividend ETF in the 3rd quarter worth $3,723,000.

About Pacer Global Cash Cows Dividend ETF

The Pacer Global Cash Cows Dividend ETF (GCOW) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of developed-market large-cap stocks, selected by free cash flow yield and dividend yield, and weighted by aggregate dividends. GCOW was launched on Feb 23, 2016 and is managed by Pacer.