Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Shares Shorted: Short Interest Up 526.1% in October

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 5,773 shares, a growth of 526.1% from the September 30th total of 922 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average trading volume of 10,934 shares, the short-interest ratio is presently 0.5 days.

Pacer US Small Cap Cash Cows Growth Leaders ETF Stock Up 0.5%

CAFG traded up $0.18 during midday trading on Thursday, hitting $34.29. 2,047 shares of the company were exchanged, compared to its average volume of 10,091. The firm has a market capitalization of $44.58 million, a P/E ratio of 19.44 and a beta of 0.99. The firm’s 50 day moving average price is $32.82 and its 200-day moving average price is $30.86. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 1-year low of $24.24 and a 1-year high of $34.76.

Pacer US Small Cap Cash Cows Growth Leaders ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Thursday, September 3rd were paid a $0.0232 dividend. This represents a $0.09 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, September 3rd.

About Pacer US Small Cap Cash Cows Growth Leaders ETF

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.