Short Interest in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Declines By 93.8%

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) saw a large decrease in short interest in November. As of November 15th, there was short interest totalling 100 shares, a decrease of 93.8% from the October 31st total of 1,600 shares. Based on an average daily volume of 15,600 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ECOW. Flow Traders U.S. LLC boosted its holdings in Pacer Emerging Markets Cash Cows 100 ETF by 183.0% in the third quarter. Flow Traders U.S. LLC now owns 241,433 shares of the company’s stock worth $5,278,000 after acquiring an additional 156,109 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in Pacer Emerging Markets Cash Cows 100 ETF by 3.2% in the third quarter. Nations Financial Group Inc. IA ADV now owns 22,881 shares of the company’s stock worth $500,000 after acquiring an additional 710 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Pacer Emerging Markets Cash Cows 100 ETF by 72.2% in the first quarter. EverSource Wealth Advisors LLC now owns 1,383 shares of the company’s stock worth $28,000 after acquiring an additional 580 shares in the last quarter.

Pacer Emerging Markets Cash Cows 100 ETF Price Performance

Shares of Pacer Emerging Markets Cash Cows 100 ETF stock traded up $0.02 on Wednesday, hitting $20.35. 13,335 shares of the company’s stock traded hands, compared to its average volume of 26,808. Pacer Emerging Markets Cash Cows 100 ETF has a one year low of $18.76 and a one year high of $22.69. The company has a fifty day moving average of $21.23 and a two-hundred day moving average of $20.89. The company has a market capitalization of $104.80 million, a price-to-earnings ratio of 5.70 and a beta of 0.87.

Pacer Emerging Markets Cash Cows 100 ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Thursday, September 26th were issued a $0.2277 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.91 annualized dividend and a yield of 4.47%.

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.