Short Interest in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Decreases By 61.7%

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the target of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 18,500 shares, a drop of 61.7% from the October 15th total of 48,300 shares. Based on an average daily volume of 88,200 shares, the short-interest ratio is currently 0.2 days.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Down 1.2 %

NASDAQ:COWG traded down $0.38 on Friday, hitting $31.90. The stock had a trading volume of 67,965 shares, compared to its average volume of 66,248. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 52-week low of $22.16 and a 52-week high of $32.91. The stock has a market cap of $275.94 million, a price-to-earnings ratio of 25.31 and a beta of 1.07. The business’s 50-day simple moving average is $29.26 and its two-hundred day simple moving average is $27.58.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Thursday, September 26th were given a dividend of $0.0322 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.40%.

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 boosted its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 0.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 131,171 shares of the company’s stock after purchasing an additional 433 shares during the quarter. Pacer US Large Cap Cash Cows Growth Leaders ETF makes up approximately 2.3% of Team Financial Group LLC’s holdings, 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 Company Profile

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.