Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Short Interest Up 86.0% in May

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 201,861 shares, an increase of 86.0% from the April 30th total of 108,518 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 181,579 shares, the days-to-cover ratio is presently 1.1 days.

Pacer Developed Markets International Cash Cows 100 ETF Stock Performance

Shares of ICOW stock opened at $45.35 on Thursday. The stock’s fifty day moving average price is $44.05 and its two-hundred day moving average price is $41.82. The company has a market cap of $1.54 billion, a PE ratio of 10.04 and a beta of 0.84. Pacer Developed Markets International Cash Cows 100 ETF has a fifty-two week low of $33.14 and a fifty-two week high of $45.70.

Institutional Investors Weigh In On Pacer Developed Markets International Cash Cows 100 ETF

A number of large investors have recently modified their holdings of the business. Cozad Asset Management Inc. boosted its holdings in shares of Pacer Developed Markets International Cash Cows 100 ETF by 0.6% in the 1st quarter. Cozad Asset Management Inc. now owns 64,989 shares of the company’s stock valued at $2,758,000 after purchasing an additional 415 shares in the last quarter. Arkadios Wealth Advisors acquired a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF in the 1st quarter valued at $333,000. Barometer Capital Management Inc. acquired a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF during the 1st quarter valued at $598,000. Bank of New York Mellon Corp acquired a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF during the 1st quarter valued at $9,840,000. Finally, Longview Financial Advisors Inc. boosted its holdings in shares of Pacer Developed Markets International Cash Cows 100 ETF by 4.1% during the 1st quarter. Longview Financial Advisors Inc. now owns 323,105 shares of the company’s stock valued at $13,713,000 after acquiring an additional 12,699 shares in the last quarter.

Pacer Developed Markets International Cash Cows 100 ETF Company Profile

The Pacer Developed Markets International Cash Cows 100 ETF (ICOW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of 100 companies out of the FTSE Developed Ex-US Index selected and weighted by free cash flow. ICOW was launched on Jun 16, 2017 and is managed by Pacer.