Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Short Interest Update

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 3,411 shares, an increase of 1,370.3% from the May 31st total of 232 shares. Based on an average daily trading volume, of 3,724 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.5% of the shares of the stock are short sold.

Pacer US Small Cap Cash Cows Growth Leaders ETF Stock Up 1.1%

Shares of CAFG stock traded up $0.36 on Friday, reaching $33.40. The company had a trading volume of 9,312 shares, compared to its average volume of 3,859. The stock has a market capitalization of $25.05 million, a PE ratio of 19.44 and a beta of 1.02. Pacer US Small Cap Cash Cows Growth Leaders ETF has a one year low of $23.67 and a one year high of $33.42. The business’s 50-day moving average is $31.36 and its 200 day moving average is $28.59.

Pacer US Small Cap Cash Cows Growth Leaders ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, June 8th. Shareholders of record on Thursday, June 4th were given a $0.0235 dividend. The ex-dividend date was Thursday, June 4th.

Institutional Inflows and Outflows

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

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.