Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Short Interest Up 1,185.7% in January

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 247,733 shares, a growth of 1,185.7% from the January 15th total of 19,269 shares. Approximately 4.2% of the shares of the company are short sold. Based on an average daily trading volume, of 71,229 shares, the days-to-cover ratio is currently 3.5 days. Based on an average daily trading volume, of 71,229 shares, the days-to-cover ratio is currently 3.5 days. Approximately 4.2% of the shares of the company are short sold.

Pacer Emerging Markets Cash Cows 100 ETF Stock Up 1.5%

ECOW stock traded up $0.42 during midday trading on Wednesday, reaching $27.59. 125,997 shares of the company’s stock traded hands, compared to its average volume of 57,904. The company has a 50-day simple moving average of $25.57 and a two-hundred day simple moving average of $24.66. The company has a market cap of $164.16 million, a price-to-earnings ratio of 10.14 and a beta of 0.73. Pacer Emerging Markets Cash Cows 100 ETF has a 1-year low of $17.80 and a 1-year high of $27.62.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC boosted its holdings in shares of Pacer Emerging Markets Cash Cows 100 ETF by 19.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,548 shares of the company’s stock worth $111,000 after buying an additional 725 shares during the period. Baird Financial Group Inc. lifted 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 worth $530,000 after acquiring an additional 3,039 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its stake in shares of Pacer Emerging Markets Cash Cows 100 ETF by 8.9% during the third quarter. Nations Financial Group Inc. IA ADV now owns 34,004 shares of the company’s stock worth $831,000 after buying an additional 2,766 shares during the last quarter.

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.