Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Sees Significant Increase in Short Interest

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 79,522 shares, an increase of 84.3% from the August 15th total of 43,147 shares. Currently, 1.0% of the company’s stock are sold short. Based on an average daily volume of 31,939 shares, the short-interest ratio is currently 2.5 days.

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

A hedge fund recently bought a new stake in Pacer Emerging Markets Cash Cows 100 ETF stock. Sankala Group LLC acquired a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,186 shares of the company’s stock, valued at approximately $444,000. Sankala Group LLC owned approximately 0.31% of Pacer Emerging Markets Cash Cows 100 ETF as of its most recent SEC filing.

Pacer Emerging Markets Cash Cows 100 ETF Trading Up 0.8%

Shares of ECOW traded up $0.21 during midday trading on Thursday, hitting $26.95. 22,047 shares of the company’s stock traded hands, compared to its average volume of 47,387. The stock has a market capitalization of $242.48 million, a price-to-earnings ratio of 10.14 and a beta of 0.63. Pacer Emerging Markets Cash Cows 100 ETF has a 1 year low of $23.48 and a 1 year high of $29.53. The firm’s fifty day moving average is $27.41 and its 200-day moving average is $27.22.

Pacer Emerging Markets Cash Cows 100 ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Thursday, September 3rd were paid a $0.5591 dividend. The ex-dividend date was Thursday, September 3rd. This represents a $2.24 dividend on an annualized basis and a yield of 8.3%.

About Pacer Emerging Markets Cash Cows 100 ETF

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.