Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sees Large Decline in Short Interest

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 25,756 shares, a drop of 62.4% from the November 30th total of 68,417 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 493,650 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 493,650 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Pacer US Large Cap Cash Cows Growth Leaders ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Triumph Capital Management acquired a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF in the 3rd quarter valued at about $131,000. IFP Advisors Inc raised its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 7.4% in the third quarter. IFP Advisors Inc now owns 16,807 shares of the company’s stock worth $610,000 after purchasing an additional 1,156 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF during the third quarter worth about $206,000. Provenance Wealth Advisors LLC acquired a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF in the 3rd quarter worth $51,000. Finally, Cary Street Partners Financial LLC acquired a new position in Pacer US Large Cap Cash Cows Growth Leaders ETF during the 3rd quarter worth approximately $227,000.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Down 0.1%

NASDAQ:COWG traded down $0.04 during trading hours on Friday, reaching $35.88. The company had a trading volume of 108,011 shares, compared to its average volume of 699,647. The stock has a 50-day moving average of $35.36 and a two-hundred day moving average of $35.35. Pacer US Large Cap Cash Cows Growth Leaders ETF has a one year low of $26.20 and a one year high of $37.17. The firm has a market capitalization of $2.55 billion, a PE ratio of 30.38 and a beta of 1.10.

Pacer US Large Cap Cash Cows Growth Leaders ETF Company Profile

The Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a price momentum-weighted index of 100 large-cap US companies that exhibit the highest growth characteristics. COWG was launched on Dec 21, 2022 and is managed by Pacer.