Short Interest in Pacer Developed Markets Cash Cows Growth Leaders ETF (NYSEARCA:EAFG) Grows By 70.2%

Pacer Developed Markets Cash Cows Growth Leaders ETF (NYSEARCA:EAFG) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 194 shares, a growth of 70.2% from the June 30th total of 114 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 262 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Pacer Developed Markets Cash Cows Growth Leaders ETF stock. Sankala Group LLC acquired a new position in shares of Pacer Developed Markets Cash Cows Growth Leaders ETF (NYSEARCA:EAFG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,800 shares of the company’s stock, valued at approximately $72,000. Sankala Group LLC owned approximately 2.33% of Pacer Developed Markets Cash Cows Growth Leaders ETF at the end of the most recent reporting period.

Pacer Developed Markets Cash Cows Growth Leaders ETF Stock Performance

Shares of NYSEARCA EAFG opened at $24.92 on Friday. Pacer Developed Markets Cash Cows Growth Leaders ETF has a 52 week low of $20.87 and a 52 week high of $27.02. The stock has a market capitalization of $1.99 million, a P/E ratio of 22.83 and a beta of 0.86. The stock’s fifty day moving average is $25.65 and its 200 day moving average is $25.12.

About Pacer Developed Markets Cash Cows Growth Leaders ETF

The Pacer Developed Markets Cash Cows Growth Leaders ETF (EAFG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a price momentum-weighted index of 100 large- and mid-cap companies from developed markets, excluding North America, that exhibit the highest growth characteristics. EAFG was launched on Mar 20, 2024 and is issued by Pacer.