Short Interest in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Drops By 91.2%

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 20,579 shares, a decline of 91.2% from the May 14th total of 233,013 shares. Based on an average daily volume of 72,270 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s stock are short sold.

Pacer Emerging Markets Cash Cows 100 ETF Price Performance

Shares of ECOW stock traded up $0.73 on Thursday, hitting $26.99. The company’s stock had a trading volume of 43,791 shares, compared to its average volume of 55,869. Pacer Emerging Markets Cash Cows 100 ETF has a fifty-two week low of $21.12 and a fifty-two week high of $29.53. The firm’s fifty day moving average price is $27.55 and its 200-day moving average price is $26.54. The stock has a market capitalization of $201.08 million, a price-to-earnings ratio of 10.14 and a beta of 0.63.

Pacer Emerging Markets Cash Cows 100 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, June 8th. Investors of record on Thursday, June 4th were paid a $0.0928 dividend. The ex-dividend date of this dividend was Thursday, June 4th.

Institutional Investors Weigh In On Pacer Emerging Markets Cash Cows 100 ETF

Several institutional investors and hedge funds have recently modified their holdings of ECOW. AdvisorNet Financial Inc acquired a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF in the 1st quarter valued at $98,000. Farther Finance Advisors LLC lifted its stake in shares of Pacer Emerging Markets Cash Cows 100 ETF by 37.3% in the 4th quarter. Farther Finance Advisors LLC now owns 6,243 shares of the company’s stock valued at $152,000 after purchasing an additional 1,695 shares during the last quarter. Sankala Group LLC acquired a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF in the 4th quarter valued at $444,000. Finally, Baird Financial Group Inc. lifted its stake in shares of Pacer Emerging Markets Cash Cows 100 ETF by 14.5% in the 2nd quarter. Baird Financial Group Inc. now owns 24,006 shares of the company’s stock valued at $530,000 after purchasing an additional 3,039 shares during the last quarter.

Pacer Emerging Markets Cash Cows 100 ETF Company Profile

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.