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

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 87,569 shares, a growth of 393.1% from the April 15th total of 17,758 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average daily trading volume, of 60,880 shares, the short-interest ratio is presently 1.4 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Nations Financial Group Inc. IA ADV raised its holdings 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 worth $831,000 after buying an additional 2,766 shares during the last quarter. Baird Financial Group Inc. grew its stake in shares of Pacer Emerging Markets Cash Cows 100 ETF by 14.5% in the second quarter. Baird Financial Group Inc. now owns 24,006 shares of the company’s stock worth $530,000 after acquiring an additional 3,039 shares during the period. Sankala Group LLC bought a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF in the fourth quarter worth approximately $444,000. Farther Finance Advisors LLC grew its stake in shares of Pacer Emerging Markets Cash Cows 100 ETF by 37.3% in the fourth quarter. Farther Finance Advisors LLC now owns 6,243 shares of the company’s stock worth $152,000 after acquiring an additional 1,695 shares during the period. Finally, AdvisorNet Financial Inc bought a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF in the first quarter worth approximately $98,000.

Pacer Emerging Markets Cash Cows 100 ETF Stock Performance

Shares of Pacer Emerging Markets Cash Cows 100 ETF stock opened at $28.28 on Wednesday. The stock has a market capitalization of $210.69 million, a PE ratio of 10.14 and a beta of 0.64. Pacer Emerging Markets Cash Cows 100 ETF has a 52-week low of $20.98 and a 52-week high of $29.53. The company has a 50-day simple moving average of $27.12 and a two-hundred day simple moving average of $26.20.

About Pacer Emerging Markets Cash Cows 100 ETF

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.