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

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 169,400 shares, a growth of 815.7% from the October 31st total of 18,500 shares. Based on an average daily volume of 148,100 shares, the short-interest ratio is presently 1.1 days.

Pacer US Large Cap Cash Cows Growth Leaders ETF Price Performance

Pacer US Large Cap Cash Cows Growth Leaders ETF stock opened at $33.50 on Thursday. The stock has a market cap of $289.78 million, a price-to-earnings ratio of 25.31 and a beta of 1.07. The firm has a 50 day simple moving average of $30.39 and a 200-day simple moving average of $28.12. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 1-year low of $22.37 and a 1-year high of $34.02.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Thursday, September 26th were paid a dividend of $0.0322 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.13 annualized dividend and a yield of 0.38%.

Hedge Funds Weigh In On 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 raised its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 3.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 130,738 shares of the company’s stock after buying an additional 4,934 shares during the quarter. Pacer US Large Cap Cash Cows Growth Leaders ETF comprises about 2.4% of Team Financial Group LLC’s portfolio, making the stock its 11th biggest holding. Team Financial Group LLC owned about 1.92% of Pacer US Large Cap Cash Cows Growth Leaders ETF worth $3,550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Pacer US Large Cap Cash Cows Growth Leaders ETF

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.