Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Stock Short Interest Climbs 77.7%

Pacer Global Cash Cows Dividend ETF (BATS:GCOW) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 132,690 shares, a growth of 77.7% from the August 31st total of 74,677 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 276,220 shares, the short-interest ratio is currently 0.5 days.

Pacer Global Cash Cows Dividend ETF Price Performance

Shares of Pacer Global Cash Cows Dividend ETF stock opened at $45.40 on Tuesday. The business has a 50 day simple moving average of $46.58 and a two-hundred day simple moving average of $45.79. The stock has a market capitalization of $2.77 billion, a P/E ratio of 12.82 and a beta of 0.69. Pacer Global Cash Cows Dividend ETF has a 12 month low of $39.02 and a 12 month high of $48.06.

Hedge Funds Weigh In On Pacer Global Cash Cows Dividend ETF

Institutional investors have recently added to or reduced their stakes in the stock. Hamilton Wealth LLC grew its holdings in shares of Pacer Global Cash Cows Dividend ETF by 231.8% during the 1st quarter. Hamilton Wealth LLC now owns 1,271,100 shares of the company’s stock worth $58,776,000 after purchasing an additional 888,023 shares during the period. Royal Bank of Canada increased its holdings in Pacer Global Cash Cows Dividend ETF by 47.0% in the 1st quarter. Royal Bank of Canada now owns 1,707,738 shares of the company’s stock valued at $78,966,000 after purchasing an additional 546,241 shares during the last quarter. Ocean Park Asset Management LLC acquired a new position in Pacer Global Cash Cows Dividend ETF during the first quarter worth $11,272,000. LPL Financial LLC boosted its position in shares of Pacer Global Cash Cows Dividend ETF by 6.6% during the fourth quarter. LPL Financial LLC now owns 3,301,076 shares of the company’s stock worth $136,070,000 after buying an additional 203,855 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of Pacer Global Cash Cows Dividend ETF by 15.2% in the 1st quarter. Cetera Investment Advisers now owns 1,482,311 shares of the company’s stock valued at $68,542,000 after buying an additional 195,348 shares during the period.

Pacer Global Cash Cows Dividend ETF Company Profile

The Pacer Global Cash Cows Dividend ETF (GCOW) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of developed-market large-cap stocks, selected by free cash flow yield and dividend yield, and weighted by aggregate dividends. GCOW was launched on Feb 23, 2016 and is managed by Pacer.