Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Sees Significant Drop in Short Interest

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFGGet Free Report) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 470 shares, a decline of 60.6% from the April 30th total of 1,192 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 2,530 shares, the short-interest ratio is presently 0.2 days.

Pacer US Small Cap Cash Cows Growth Leaders ETF Stock Down 0.6%

CAFG stock opened at $31.44 on Friday. The company has a market capitalization of $23.58 million, a price-to-earnings ratio of 19.44 and a beta of 1.03. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 12 month low of $23.67 and a 12 month high of $32.04. The firm has a 50 day moving average of $29.50 and a two-hundred day moving average of $27.63.

Pacer US Small Cap Cash Cows Growth Leaders ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, March 9th. Shareholders of record on Thursday, March 5th were given a $0.0273 dividend. The ex-dividend date of this dividend was Thursday, March 5th.

Institutional Trading of Pacer US Small Cap Cash Cows Growth Leaders ETF

A hedge fund recently bought a new stake in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Sankala Group LLC bought a new position in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFGFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 7,350 shares of the company’s stock, valued at approximately $206,000. Sankala Group LLC owned approximately 1.05% of Pacer US Small Cap Cash Cows Growth Leaders ETF as of its most recent SEC filing.

About Pacer US Small Cap Cash Cows Growth Leaders ETF

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The Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a price momentum-weighted index of 100 small-cap US companies that exhibit the highest growth characteristics. CAFG was launched on May 1, 2023 and is managed by Pacer.

Further Reading

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