Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) Short Interest Down 75.4% in August

Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 5,161 shares, a decrease of 75.4% from the August 15th total of 20,943 shares. Based on an average daily trading volume, of 7,557 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.2% of the shares of the stock are sold short.

Pacer US Cash Cows Growth ETF Stock Up 0.6%

Shares of NYSEARCA BUL traded up $0.35 during mid-day trading on Friday, reaching $62.71. 10,366 shares of the company were exchanged, compared to its average volume of 11,360. The company’s 50 day moving average price is $62.26 and its 200 day moving average price is $58.95. Pacer US Cash Cows Growth ETF has a 52 week low of $50.34 and a 52 week high of $65.70. The stock has a market capitalization of $134.83 million, a PE ratio of 16.49 and a beta of 1.00.

Institutional Trading of Pacer US Cash Cows Growth ETF

A number of institutional investors have recently made changes to their positions in the stock. Ameritas Advisory Services LLC bought a new stake in shares of Pacer US Cash Cows Growth ETF in the second quarter worth about $30,000. Fifth Third Bancorp purchased a new position in Pacer US Cash Cows Growth ETF during the 1st quarter valued at about $38,000. Royal Bank of Canada raised its position in Pacer US Cash Cows Growth ETF by 48.7% during the 4th quarter. Royal Bank of Canada now owns 742 shares of the company’s stock valued at $41,000 after purchasing an additional 243 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Pacer US Cash Cows Growth ETF during the fourth quarter valued at approximately $42,000. Finally, Independent Financial Group LLC bought a new position in shares of Pacer US Cash Cows Growth ETF during the first quarter valued at approximately $258,000.

Pacer US Cash Cows Growth ETF Company Profile

The Pacer US Cash Cows Growth ETF (BUL) is an exchange-traded fund that is based on the Pacer US Cash Cows Growth index. The fund tracks a market cap-weighted index of large- and mid-cap US growth equities selected using fundamental factors. BUL was launched on May 2, 2019 and is managed by Pacer.