Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sees Large Increase in Short Interest

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 48,300 shares, a growth of 47.7% from the September 30th total of 32,700 shares. Based on an average daily volume of 65,400 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of Pacer US Large Cap Cash Cows Growth Leaders ETF

An institutional investor recently raised its position in Pacer US Large Cap Cash Cows Growth Leaders ETF stock. Team Financial Group LLC boosted its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 3.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 130,738 shares of the company’s stock after buying an additional 4,934 shares during the period. Pacer US Large Cap Cash Cows Growth Leaders ETF makes up about 2.4% of Team Financial Group LLC’s holdings, making the stock its 11th biggest position. Team Financial Group LLC owned approximately 1.92% of Pacer US Large Cap Cash Cows Growth Leaders ETF worth $3,550,000 at the end of the most recent quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Up 1.0 %

NASDAQ:COWG traded up $0.30 during trading hours on Tuesday, reaching $29.97. 102,099 shares of the stock were exchanged, compared to its average volume of 54,668. The stock has a market capitalization of $251.75 million, a P/E ratio of 25.31 and a beta of 1.07. The firm has a 50 day simple moving average of $28.43 and a 200-day simple moving average of $27.06. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 52 week low of $20.37 and a 52 week high of $29.98.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Thursday, September 26th were issued a $0.0322 dividend. This represents a $0.13 annualized dividend and a dividend yield of 0.43%. The ex-dividend date of this dividend was Thursday, September 26th.

Pacer US Large Cap Cash Cows Growth Leaders ETF Company Profile

The Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a price momentum-weighted index of 100 large-cap US companies that exhibit the highest growth characteristics. COWG was launched on Dec 21, 2022 and is managed by Pacer.