Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Shares Shorted: Short Interest Down 97.4% in September

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 2,062 shares, a drop of 97.4% from the September 15th total of 79,148 shares. Based on an average daily trading volume, of 83,140 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Pacer Emerging Markets Cash Cows 100 ETF stock. AdvisorNet Financial Inc purchased a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 3,665 shares of the company’s stock, valued at approximately $98,000. AdvisorNet Financial Inc owned approximately 0.05% of Pacer Emerging Markets Cash Cows 100 ETF at the end of the most recent quarter.

Pacer Emerging Markets Cash Cows 100 ETF Stock Performance

Shares of NASDAQ:ECOW traded up $0.28 during mid-day trading on Friday, hitting $26.97. 148,344 shares of the company traded hands, compared to its average volume of 49,492. The firm’s 50 day simple moving average is $27.18 and its 200 day simple moving average is $27.22. The firm has a market cap of $209.02 million, a P/E ratio of 10.14 and a beta of 0.61. Pacer Emerging Markets Cash Cows 100 ETF has a 52-week low of $23.48 and a 52-week high of $29.53.

Pacer Emerging Markets Cash Cows 100 ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Thursday, September 3rd were paid a dividend of $0.5591 per share. The ex-dividend date was Thursday, September 3rd. This represents a $2.24 dividend on an annualized basis and a dividend yield of 8.3%.

Pacer Emerging Markets Cash Cows 100 ETF Company Profile

The Pacer Emerging Markets Cash Cows 100 ETF (ECOW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a fundamentally-weighted index of large- and mid-cap emerging market companies. ECOW was launched on May 2, 2019 and is managed by Pacer.