Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Sees Significant Drop in Short Interest

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 6,800 shares, a decrease of 46.5% from the February 28th total of 12,700 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 10,300 shares, the short-interest ratio is currently 0.7 days.

Pacer US Small Cap Cash Cows Growth Leaders ETF Price Performance

CAFG opened at $23.90 on Friday. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 12 month low of $22.30 and a 12 month high of $27.78. The stock has a market capitalization of $19.60 million, a P/E ratio of 19.37 and a beta of 1.15. The business has a 50 day simple moving average of $25.00 and a 200-day simple moving average of $25.53.

Pacer US Small Cap Cash Cows Growth Leaders ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 12th. Shareholders of record on Thursday, March 6th were issued a $0.0289 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This is an increase from Pacer US Small Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01.

Institutional Investors Weigh In On Pacer US Small Cap Cash Cows Growth Leaders ETF

An institutional investor recently raised its position in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Captrust Financial Advisors increased its stake in shares of Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) by 25.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,652 shares of the company’s stock after buying an additional 3,409 shares during the period. Captrust Financial Advisors owned about 2.03% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $424,000 as of its most recent filing with the Securities and Exchange Commission.

Pacer US Small Cap Cash Cows Growth Leaders ETF Company Profile

The Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a price momentum-weighted index of 100 small-cap US companies that exhibit the highest growth characteristics. CAFG was launched on May 1, 2023 and is managed by Pacer.