Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Short Interest Update

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 233,013 shares, an increase of 166.1% from the April 30th total of 87,569 shares. Based on an average trading volume of 55,506 shares, the short-interest ratio is currently 4.2 days. Currently, 3.1% of the company’s shares are sold short.

Institutional Trading of Pacer Emerging Markets Cash Cows 100 ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. AdvisorNet Financial Inc acquired a new position in shares of Pacer Emerging Markets Cash Cows 100 ETF in the first quarter valued at approximately $98,000. Farther Finance Advisors LLC boosted its holdings in shares of Pacer Emerging Markets Cash Cows 100 ETF by 37.3% during the 4th quarter. Farther Finance Advisors LLC now owns 6,243 shares of the company’s stock valued at $152,000 after acquiring an additional 1,695 shares in the last quarter. Sankala Group LLC acquired a new position in Pacer Emerging Markets Cash Cows 100 ETF during the 4th quarter worth about $444,000. Finally, Baird Financial Group Inc. lifted its holdings in 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 buying an additional 3,039 shares during the period.

Pacer Emerging Markets Cash Cows 100 ETF Stock Performance

NASDAQ:ECOW traded down $0.07 on Friday, reaching $27.44. The company’s stock had a trading volume of 55,084 shares, compared to its average volume of 56,160. Pacer Emerging Markets Cash Cows 100 ETF has a 1-year low of $21.12 and a 1-year high of $29.53. The firm has a market cap of $204.43 million, a PE ratio of 10.14 and a beta of 0.64. The business’s 50-day moving average price is $27.41 and its two-hundred day moving average price is $26.43.

Pacer Emerging Markets Cash Cows 100 ETF Company Profile

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.