Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Short Interest Up 114.4% in June

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 44,115 shares, a growth of 114.4% from the May 31st total of 20,579 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 60,589 shares, the short-interest ratio is presently 0.7 days.

Pacer Emerging Markets Cash Cows 100 ETF Stock Up 0.5%

Shares of ECOW stock opened at $26.68 on Tuesday. The stock has a market cap of $198.77 million, a P/E ratio of 10.14 and a beta of 0.63. Pacer Emerging Markets Cash Cows 100 ETF has a fifty-two week low of $21.85 and a fifty-two week high of $29.53. The business has a fifty day simple moving average of $27.42 and a 200-day simple moving average of $26.70.

Pacer Emerging Markets Cash Cows 100 ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, June 8th. Investors of record on Thursday, June 4th were paid a $0.0928 dividend. The ex-dividend date of this dividend was Thursday, June 4th.

Hedge Funds Weigh In On Pacer Emerging Markets Cash Cows 100 ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ECOW. AdvisorNet Financial Inc purchased a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF in the first quarter valued at about $98,000. Farther Finance Advisors LLC grew its position in shares of Pacer Emerging Markets Cash Cows 100 ETF by 37.3% in the fourth quarter. Farther Finance Advisors LLC now owns 6,243 shares of the company’s stock valued at $152,000 after purchasing an additional 1,695 shares during the last quarter. Sankala Group LLC purchased a new position in shares of Pacer Emerging Markets Cash Cows 100 ETF during the 4th quarter worth approximately $444,000. Finally, Baird Financial Group Inc. increased its stake in shares of Pacer Emerging Markets Cash Cows 100 ETF by 14.5% during the 2nd quarter. Baird Financial Group Inc. now owns 24,006 shares of the company’s stock worth $530,000 after purchasing an additional 3,039 shares in the last quarter.

About Pacer Emerging Markets Cash Cows 100 ETF

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.