Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) Sees Large Decline in Short Interest

Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 78 shares, a decline of 98.5% from the August 31st total of 5,161 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 15,764 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of BUL. Ameritas Advisory Services LLC bought a new stake in shares of Pacer US Cash Cows Growth ETF during the second quarter valued at about $30,000. Fifth Third Bancorp bought a new position in Pacer US Cash Cows Growth ETF in the 1st quarter valued at about $38,000. Integrated Wealth Concepts LLC grew its position in Pacer US Cash Cows Growth ETF by 22.1% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 6,270 shares of the company’s stock valued at $370,000 after buying an additional 1,134 shares in the last quarter. Harbour Investments Inc. increased its stake in Pacer US Cash Cows Growth ETF by 15.7% during the 4th quarter. Harbour Investments Inc. now owns 20,345 shares of the company’s stock valued at $1,121,000 after buying an additional 2,756 shares during the period. Finally, Independent Financial Group LLC acquired a new position in Pacer US Cash Cows Growth ETF during the 1st quarter valued at about $258,000.

Pacer US Cash Cows Growth ETF Price Performance

BUL stock traded up $0.49 on Friday, reaching $61.51. The company’s stock had a trading volume of 5,731 shares, compared to its average volume of 11,735. Pacer US Cash Cows Growth ETF has a 52 week low of $50.34 and a 52 week high of $65.70. The company has a market capitalization of $132.25 million, a P/E ratio of 16.49 and a beta of 1.00. The firm has a fifty day moving average of $62.83 and a two-hundred day moving average of $59.31.

Pacer US Cash Cows Growth ETF Company Profile

The Pacer US Cash Cows Growth ETF (BUL) is an exchange-traded fund that is based on the Pacer US Cash Cows Growth index. The fund tracks a market cap-weighted index of large- and mid-cap US growth equities selected using fundamental factors. BUL was launched on May 2, 2019 and is managed by Pacer.