Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Sees Significant Decline in Short Interest

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 108,518 shares, a decline of 44.3% from the April 15th total of 194,715 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 231,242 shares, the short-interest ratio is currently 0.5 days.

Pacer Developed Markets International Cash Cows 100 ETF Stock Down 1.5%

Shares of BATS ICOW opened at $44.75 on Friday. The business’s 50 day moving average is $43.23 and its two-hundred day moving average is $41.16. The company has a market cap of $1.52 billion, a P/E ratio of 10.04 and a beta of 0.84. Pacer Developed Markets International Cash Cows 100 ETF has a 12 month low of $32.70 and a 12 month high of $45.65.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ICOW. Harbor Investment Advisory LLC acquired a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the fourth quarter valued at $33,000. SOL Capital Management CO acquired a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the fourth quarter valued at $213,000. Sankala Group LLC acquired a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the fourth quarter valued at $460,000. Barometer Capital Management Inc. acquired a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the first quarter valued at $598,000. Finally, Lake Street Private Wealth LLC raised its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 1.8% in the third quarter. Lake Street Private Wealth LLC now owns 24,287 shares of the company’s stock valued at $885,000 after purchasing an additional 420 shares in the last quarter.

About Pacer Developed Markets International Cash Cows 100 ETF

The Pacer Developed Markets International Cash Cows 100 ETF (ICOW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of 100 companies out of the FTSE Developed Ex-US Index selected and weighted by free cash flow. ICOW was launched on Jun 16, 2017 and is managed by Pacer.