Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Short Interest Up 112.2% in July

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 150,962 shares, an increase of 112.2% from the June 30th total of 71,138 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 163,751 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Trading of Pacer Developed Markets International Cash Cows 100 ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Sankala Group LLC acquired a new position in Pacer Developed Markets International Cash Cows 100 ETF during the fourth quarter worth $460,000. Longview Financial Advisors Inc. grew its stake in shares of Pacer Developed Markets International Cash Cows 100 ETF by 4.1% in the first quarter. Longview Financial Advisors Inc. now owns 323,105 shares of the company’s stock valued at $13,713,000 after buying an additional 12,699 shares in the last quarter. Barometer Capital Management Inc. purchased a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF in the 1st quarter valued at $598,000. SOL Capital Management CO acquired a new position in Pacer Developed Markets International Cash Cows 100 ETF during the 4th quarter worth about $213,000. Finally, Cozad Asset Management Inc. lifted its stake in Pacer Developed Markets International Cash Cows 100 ETF by 0.6% during the 1st quarter. Cozad Asset Management Inc. now owns 64,989 shares of the company’s stock worth $2,758,000 after acquiring an additional 415 shares in the last quarter.

Pacer Developed Markets International Cash Cows 100 ETF Price Performance

Shares of ICOW opened at $43.39 on Thursday. The firm has a 50-day simple moving average of $43.23 and a two-hundred day simple moving average of $42.94. The stock has a market cap of $1.48 billion, a PE ratio of 10.04 and a beta of 0.84. Pacer Developed Markets International Cash Cows 100 ETF has a 1-year low of $33.80 and a 1-year high of $45.70.

About Pacer Developed Markets International Cash Cows 100 ETF

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.