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

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOWGet Free Report) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 123,220 shares, a drop of 39.0% from the May 14th total of 201,861 shares. Based on an average daily volume of 232,828 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the company’s shares are short sold.

Pacer Developed Markets International Cash Cows 100 ETF Price Performance

BATS ICOW traded up $0.32 on Monday, hitting $44.22. 45,838 shares of the stock were exchanged, compared to its average volume of 238,088. The company’s 50-day moving average price is $44.32 and its two-hundred day moving average price is $42.12. Pacer Developed Markets International Cash Cows 100 ETF has a 52-week low of $33.14 and a 52-week high of $45.70. The company has a market capitalization of $1.50 billion, a price-to-earnings ratio of 10.04 and a beta of 0.84.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Harbor Investment Advisory LLC purchased a new stake in Pacer Developed Markets International Cash Cows 100 ETF in the 4th quarter worth about $33,000. SOL Capital Management CO acquired a new stake in Pacer Developed Markets International Cash Cows 100 ETF during the 4th quarter worth about $213,000. Arkadios Wealth Advisors purchased a new position in Pacer Developed Markets International Cash Cows 100 ETF during the 1st quarter valued at about $333,000. Sankala Group LLC acquired a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the 4th quarter valued at about $460,000. Finally, Barometer Capital Management Inc. acquired a new position in shares of Pacer Developed Markets International Cash Cows 100 ETF in the 1st quarter valued at about $598,000.

Pacer Developed Markets International Cash Cows 100 ETF Company Profile

(Get Free Report)

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.

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