Short Interest in Pacer US Cash Cows Bond ETF (BATS:MILK) Rises By 111.1%

Pacer US Cash Cows Bond ETF (BATS:MILK) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 26,633 shares, a growth of 111.1% from the July 15th total of 12,614 shares. Based on an average daily volume of 7,679 shares, the days-to-cover ratio is currently 3.5 days. Currently, 13.3% of the company’s shares are short sold.

Institutional Investors Weigh In On Pacer US Cash Cows Bond ETF

An institutional investor recently raised its stake in Pacer US Cash Cows Bond ETF stock. Jane Street Group LLC raised its position in shares of Pacer US Cash Cows Bond ETF (BATS:MILK) by 11.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,795 shares of the company’s stock after buying an additional 1,731 shares during the period. Jane Street Group LLC owned about 8.40% of Pacer US Cash Cows Bond ETF worth $413,000 at the end of the most recent reporting period.

Pacer US Cash Cows Bond ETF Price Performance

BATS:MILK opened at $24.17 on Friday. Pacer US Cash Cows Bond ETF has a fifty-two week low of $23.83 and a fifty-two week high of $25.95. The business has a 50 day moving average price of $24.40 and a 200-day moving average price of $24.49.

About Pacer US Cash Cows Bond ETF

The Pacer US Cash Cows Bond ETF (MILK) is an exchange-traded fund that is based on the Solactive Pacer US Cash Cows Bond index. The fund tracks an index of investment grade US corporate bonds, selected based on cash flow yield and margins. The average weighted maturity of the portfolio is approximately 15 years MILK was launched on Dec 17, 2024 and is issued by Pacer.