Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Sees Significant Growth in Short Interest

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 12,397 shares, an increase of 36.5% from the November 30th total of 9,080 shares. Based on an average trading volume of 22,330 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 22,330 shares, the short-interest ratio is presently 0.6 days.

Pacer Emerging Markets Cash Cows 100 ETF Trading Down 3.1%

Shares of NASDAQ ECOW traded down $0.79 during midday trading on Tuesday, hitting $24.51. 7,261 shares of the company’s stock were exchanged, compared to its average volume of 25,311. The business’s fifty day moving average price is $25.10 and its two-hundred day moving average price is $23.84. The company has a market cap of $120.10 million, a price-to-earnings ratio of 10.14 and a beta of 0.73. Pacer Emerging Markets Cash Cows 100 ETF has a 12-month low of $17.80 and a 12-month high of $25.70.

Hedge Funds Weigh In On Pacer Emerging Markets Cash Cows 100 ETF

A number of institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC bought a new position in shares of Pacer Emerging Markets Cash Cows 100 ETF during the second quarter valued at about $84,000. Baird Financial Group Inc. grew its position in Pacer Emerging Markets Cash Cows 100 ETF by 19.0% during the 1st quarter. Baird Financial Group Inc. now owns 20,967 shares of the company’s stock worth $428,000 after acquiring an additional 3,354 shares during the last quarter. OLD Mission Capital LLC increased its stake in Pacer Emerging Markets Cash Cows 100 ETF by 56.5% in the 1st quarter. OLD Mission Capital LLC now owns 30,252 shares of the company’s stock worth $618,000 after purchasing an additional 10,923 shares during the period. Finally, Nations Financial Group Inc. IA ADV lifted its position in Pacer Emerging Markets Cash Cows 100 ETF by 8.9% in the third quarter. Nations Financial Group Inc. IA ADV now owns 34,004 shares of the company’s stock valued at $831,000 after purchasing an additional 2,766 shares during the last quarter.

Pacer Emerging Markets Cash Cows 100 ETF Company Profile

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.