Pacer US Cash Cows Bond ETF (BATS:MILK) Sees Significant Increase in Short Interest

Pacer US Cash Cows Bond ETF (BATS:MILK) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 26,633 shares, an increase of 111.1% from the July 15th total of 12,614 shares. Currently, 13.3% of the company’s shares are short sold. Based on an average daily trading volume, of 7,679 shares, the days-to-cover ratio is presently 3.5 days.

Institutional Trading of Pacer US Cash Cows Bond ETF

A hedge fund recently raised its position in Pacer US Cash Cows Bond ETF stock. Kestra Advisory Services LLC raised its holdings in Pacer US Cash Cows Bond ETF (BATS:MILK) by 2.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 106,734 shares of the company’s stock after acquiring an additional 2,082 shares during the period. Kestra Advisory Services LLC owned 53.37% of Pacer US Cash Cows Bond ETF worth $2,580,000 at the end of the most recent reporting period.

Pacer US Cash Cows Bond ETF Price Performance

BATS:MILK opened at $24.17 on Friday. The firm has a 50 day simple moving average of $24.40 and a 200-day simple moving average of $24.49. Pacer US Cash Cows Bond ETF has a 1-year low of $23.83 and a 1-year high of $25.95.

Pacer US Cash Cows Bond ETF Company Profile

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.