Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Sees Large Decline in Short Interest

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFGGet Free Report) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 11,672 shares, a decrease of 41.8% from the August 15th total of 20,055 shares. Currently, 1.3% of the company’s stock are sold short. Based on an average daily trading volume, of 7,329 shares, the short-interest ratio is presently 1.6 days.

Pacer US Small Cap Cash Cows Growth Leaders ETF Stock Performance

Pacer US Small Cap Cash Cows Growth Leaders ETF stock traded up $0.05 during midday trading on Wednesday, reaching $32.78. The stock had a trading volume of 10,437 shares, compared to its average volume of 8,924. The stock has a market capitalization of $65.53 million, a P/E ratio of 19.44 and a beta of 0.97. The firm’s fifty day simple moving average is $33.40 and its 200-day simple moving average is $31.25. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 1-year low of $24.24 and a 1-year high of $34.76.

Pacer US Small Cap Cash Cows Growth Leaders ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Thursday, September 3rd were issued a $0.0232 dividend. The ex-dividend date was Thursday, September 3rd. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.3%.

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 purchased a new stake in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFGFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 7,350 shares of the company’s stock, valued at approximately $206,000. Sankala Group LLC owned about 1.05% of Pacer US Small Cap Cash Cows Growth Leaders ETF at the end of the most recent quarter.

About Pacer US Small Cap Cash Cows Growth Leaders ETF

(Get Free Report)

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.

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