Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Sees Significant Decline in Short Interest

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 20,579 shares, a decrease of 91.2% from the May 14th total of 233,013 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 72,270 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Pacer Emerging Markets Cash Cows 100 ETF

Several hedge funds have recently added to or reduced their stakes in ECOW. AdvisorNet Financial Inc purchased a new position in Pacer Emerging Markets Cash Cows 100 ETF in the first quarter valued at approximately $98,000. Farther Finance Advisors LLC boosted its holdings in shares of Pacer Emerging Markets Cash Cows 100 ETF by 37.3% in the fourth quarter. Farther Finance Advisors LLC now owns 6,243 shares of the company’s stock valued at $152,000 after acquiring an additional 1,695 shares during the period. Sankala Group LLC acquired a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF in the fourth quarter valued at approximately $444,000. Finally, Baird Financial Group Inc. boosted its holdings in shares of Pacer Emerging Markets Cash Cows 100 ETF by 14.5% in the second quarter. Baird Financial Group Inc. now owns 24,006 shares of the company’s stock valued at $530,000 after acquiring an additional 3,039 shares during the period.

Pacer Emerging Markets Cash Cows 100 ETF Stock Down 1.0%

Pacer Emerging Markets Cash Cows 100 ETF stock traded down $0.27 during mid-day trading on Wednesday, hitting $26.27. The company had a trading volume of 41,425 shares, compared to its average volume of 55,675. The stock has a market cap of $195.71 million, a price-to-earnings ratio of 10.14 and a beta of 0.63. Pacer Emerging Markets Cash Cows 100 ETF has a 1 year low of $21.12 and a 1 year high of $29.53. The business has a fifty day moving average of $27.55 and a 200 day moving average of $26.53.

Pacer Emerging Markets Cash Cows 100 ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, June 8th. Shareholders of record on Thursday, June 4th were paid a $0.0928 dividend. The ex-dividend date was Thursday, June 4th.

About Pacer Emerging Markets Cash Cows 100 ETF

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.