Short Interest in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Increases By 104.7%

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 13,100 shares, a growth of 104.7% from the December 31st total of 6,400 shares. Based on an average trading volume of 8,000 shares, the short-interest ratio is presently 1.6 days.

Pacer US Small Cap Cash Cows Growth Leaders ETF Trading Down 1.1 %

Shares of CAFG stock traded down $0.30 during trading hours on Friday, hitting $26.21. 8,638 shares of the company were exchanged, compared to its average volume of 9,187. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 52-week low of $22.30 and a 52-week high of $27.78. The firm has a fifty day simple moving average of $26.26 and a 200 day simple moving average of $25.48. The stock has a market capitalization of $21.49 million, a price-to-earnings ratio of 14.84 and a beta of 1.15.

Pacer US Small Cap Cash Cows Growth Leaders ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 27th were given a $0.0101 dividend. The ex-dividend date was Friday, December 27th.

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

A hedge fund recently raised its stake in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Captrust Financial Advisors increased its stake in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) by 3.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,243 shares of the company’s stock after purchasing an additional 451 shares during the quarter. Captrust Financial Advisors owned about 1.89% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $337,000 at the end of the most recent quarter.

About Pacer US Small Cap Cash Cows Growth Leaders ETF

The Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a price momentum-weighted index of 100 small-cap US companies that exhibit the highest growth characteristics. CAFG was launched on May 1, 2023 and is managed by Pacer.