Short Interest in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Decreases By 44.1%

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) saw a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 33,547 shares, a decrease of 44.1% from the February 26th total of 60,007 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 75,486 shares, the short-interest ratio is currently 0.4 days.

Pacer Emerging Markets Cash Cows 100 ETF Stock Performance

Shares of NASDAQ ECOW traded up $0.17 during trading hours on Friday, hitting $26.13. The company’s stock had a trading volume of 7,898 shares, compared to its average volume of 56,076. Pacer Emerging Markets Cash Cows 100 ETF has a 12 month low of $17.80 and a 12 month high of $29.53. The stock has a market cap of $155.47 million, a price-to-earnings ratio of 10.14 and a beta of 0.73. The business has a 50-day simple moving average of $26.72 and a 200-day simple moving average of $25.44.

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

A number of large investors have recently made changes to their positions in the business. Farther Finance Advisors LLC increased its stake in shares of Pacer Emerging Markets Cash Cows 100 ETF by 19.0% during the third quarter. Farther Finance Advisors LLC now owns 4,548 shares of the company’s stock valued at $111,000 after buying an additional 725 shares during the period. Nations Financial Group Inc. IA ADV lifted its stake in Pacer Emerging Markets Cash Cows 100 ETF by 8.9% in the third quarter. Nations Financial Group Inc. IA ADV now owns 34,004 shares of the company’s stock worth $831,000 after acquiring an additional 2,766 shares during the period. Baird Financial Group Inc. boosted its holdings in Pacer Emerging Markets Cash Cows 100 ETF by 14.5% in the second quarter. Baird Financial Group Inc. now owns 24,006 shares of the company’s stock valued at $530,000 after acquiring an additional 3,039 shares in the last quarter. Finally, Sankala Group LLC bought a new stake in Pacer Emerging Markets Cash Cows 100 ETF in the fourth quarter valued at $444,000.

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.