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

by · The Cerbat Gem

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW – Get Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 233,013 shares, a growth of 166.1% from the April 30th total of 87,569 shares. Based on an average daily trading volume, of 55,506 shares, the days-to-cover ratio is presently 4.2 days. Approximately 3.1% of the shares of the company are sold short.

Pacer Emerging Markets Cash Cows 100 ETF Stock Down 0.3%

NASDAQ ECOW traded down $0.07 during midday trading on Friday, hitting $27.44. The company had a trading volume of 55,084 shares, compared to its average volume of 56,160. The stock has a market cap of $204.43 million, a price-to-earnings ratio of 10.14 and a beta of 0.64. The firm has a fifty day simple moving average of $27.41 and a two-hundred day simple moving average of $26.43. Pacer Emerging Markets Cash Cows 100 ETF has a fifty-two week low of $21.12 and a fifty-two week high of $29.53.

Institutional Trading of Pacer Emerging Markets Cash Cows 100 ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. AdvisorNet Financial Inc acquired a new stake in Pacer Emerging Markets Cash Cows 100 ETF in the 1st quarter worth $98,000. Sankala Group LLC acquired a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF during the 4th quarter valued at about $444,000. Farther Finance Advisors LLC boosted its position 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. Finally, Baird Financial Group Inc. boosted its position in shares of 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 valued at $530,000 after acquiring an additional 3,039 shares in the last quarter.

Pacer Emerging Markets Cash Cows 100 ETF Company Profile

(Get Free Report)

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.

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