Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Short Interest Down 32.7% in August

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 43,147 shares, a drop of 32.7% from the July 30th total of 64,156 shares. Based on an average daily trading volume, of 17,993 shares, the short-interest ratio is currently 2.4 days. Approximately 0.5% of the shares of the company are short sold.

Pacer Emerging Markets Cash Cows 100 ETF Trading Up 0.1%

ECOW stock traded up $0.04 during trading on Tuesday, reaching $27.64. 45,379 shares of the stock were exchanged, compared to its average volume of 49,258. Pacer Emerging Markets Cash Cows 100 ETF has a twelve month low of $23.27 and a twelve month high of $29.53. The company has a market capitalization of $222.50 million, a P/E ratio of 10.14 and a beta of 0.63. The stock has a 50 day simple moving average of $27.23 and a 200-day simple moving average of $27.24.

Pacer Emerging Markets Cash Cows 100 ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, June 8th. Shareholders of record on Thursday, June 4th were given a $0.0928 dividend. The ex-dividend date was Thursday, June 4th.

Institutional Trading of Pacer Emerging Markets Cash Cows 100 ETF

A number of institutional investors and hedge funds have recently modified their holdings of ECOW. Baird Financial Group Inc. raised 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 valued at $530,000 after purchasing an additional 3,039 shares in the last quarter. AdvisorNet Financial Inc bought a new position in Pacer Emerging Markets Cash Cows 100 ETF in the first quarter worth $98,000. Finally, Sankala Group LLC acquired a new stake in Pacer Emerging Markets Cash Cows 100 ETF during the fourth quarter worth $444,000.

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.