Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Short Interest Update

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 10,836 shares, an increase of 217.7% from the June 15th total of 3,411 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average daily volume of 6,895 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Captrust Financial Advisors boosted its holdings in shares of Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) by 2.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,061 shares of the company’s stock after purchasing an additional 409 shares during the period. Captrust Financial Advisors owned about 2.27% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $417,000 as of its most recent SEC filing.

Pacer US Small Cap Cash Cows Growth Leaders ETF Price Performance

Shares of Pacer US Small Cap Cash Cows Growth Leaders ETF stock opened at $33.17 on Wednesday. The firm has a market capitalization of $29.85 million, a PE ratio of 19.44 and a beta of 0.97. The company’s fifty day moving average price is $32.22 and its two-hundred day moving average price is $29.27. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 52-week low of $23.67 and a 52-week high of $34.33.

Pacer US Small Cap Cash Cows Growth Leaders ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, June 8th. Stockholders of record on Thursday, June 4th were given a dividend of $0.0235 per share. The ex-dividend date was Thursday, June 4th.

Pacer US Small Cap Cash Cows Growth Leaders ETF Company Profile

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.