Short Interest in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Decreases By 69.3%

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 47,700 shares, a decline of 69.3% from the December 31st total of 155,300 shares. Based on an average daily volume of 257,100 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Pacer US Large Cap Cash Cows Growth Leaders ETF stock. Team Financial Group LLC increased its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 0.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 131,171 shares of the company’s stock after acquiring an additional 433 shares during the quarter. Pacer US Large Cap Cash Cows Growth Leaders ETF comprises approximately 2.3% of Team Financial Group LLC’s portfolio, making the stock its 12th biggest position. Team Financial Group LLC owned 1.60% of Pacer US Large Cap Cash Cows Growth Leaders ETF worth $3,769,000 as of its most recent SEC filing.

Pacer US Large Cap Cash Cows Growth Leaders ETF Trading Up 2.2 %

Shares of NASDAQ:COWG traded up $0.72 during trading on Tuesday, reaching $33.76. 423,724 shares of the company traded hands, compared to its average volume of 458,061. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 52-week low of $24.12 and a 52-week high of $34.58. The firm has a market capitalization of $688.03 million, a price-to-earnings ratio of 25.31 and a beta of 1.07. The business’s fifty day moving average is $33.09 and its 200-day moving average is $30.05.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 27th were paid a dividend of $0.0502 per share. The ex-dividend date of this dividend was Friday, December 27th.

About Pacer US Large Cap Cash Cows Growth Leaders ETF

The Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a price momentum-weighted index of 100 large-cap US companies that exhibit the highest growth characteristics. COWG was launched on Dec 21, 2022 and is managed by Pacer.