Pacer US Cash Cows Bond ETF (BATS:MILK) Short Interest Update

Pacer US Cash Cows Bond ETF (BATS:MILK) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 10,225 shares, a decrease of 61.6% from the July 30th total of 26,633 shares. Based on an average daily trading volume, of 2,745 shares, the short-interest ratio is currently 3.7 days. Currently, 5.1% of the shares of the company are sold short.

Pacer US Cash Cows Bond ETF Stock Performance

Shares of MILK stock opened at $24.17 on Friday. The firm has a 50 day moving average price of $24.32 and a two-hundred day moving average price of $24.45. Pacer US Cash Cows Bond ETF has a 12-month low of $23.83 and a 12-month high of $25.95.

Institutional Trading of Pacer US Cash Cows Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC grew its holdings in Pacer US Cash Cows Bond ETF by 2.0% in the 1st quarter. Kestra Advisory Services LLC now owns 106,734 shares of the company’s stock valued at $2,580,000 after buying an additional 2,082 shares in the last quarter. Jane Street Group LLC bought a new position in Pacer US Cash Cows Bond ETF during the 1st quarter worth $1,201,000. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of Pacer US Cash Cows Bond ETF during the second quarter worth $82,000.

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.