Pacer US Cash Cows Bond ETF (BATS:MILK) Stock Short Interest Declines 42.0%

Pacer US Cash Cows Bond ETF (BATS:MILK) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 824 shares, a decline of 42.0% from the September 15th total of 1,421 shares. Based on an average trading volume of 13,046 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.4% of the shares of the company are short sold.

Pacer US Cash Cows Bond ETF Price Performance

Shares of MILK stock opened at $23.45 on Thursday. The stock has a 50 day simple moving average of $23.88 and a 200-day simple moving average of $24.25. Pacer US Cash Cows Bond ETF has a 12-month low of $23.13 and a 12-month high of $25.95.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Pacer US Cash Cows Bond ETF stock. Ameritas Advisory Services LLC acquired a new position in Pacer US Cash Cows Bond ETF (BATS:MILK) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,333 shares of the company’s stock, valued at approximately $82,000. Ameritas Advisory Services LLC owned approximately 1.67% of Pacer US Cash Cows Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Pacer US Cash Cows Bond ETF

The Pacer US Cash Cows Bond ETF (MILK) is an exchange-traded fund that is based on the Solactive Pacer US Cash Cows Bond index. The fund tracks an index of investment grade US corporate bonds, selected based on cash flow yield and margins. The average weighted maturity of the portfolio is approximately 15 years MILK was launched on Dec 17, 2024 and is issued by Pacer.