Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Sees Large Decrease in Short Interest

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 13,400 shares, a decline of 33.3% from the September 30th total of 20,100 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 17,300 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 17,300 shares, the short-interest ratio is currently 0.8 days. Currently, 0.3% of the shares of the stock are sold short.

Pacer Emerging Markets Cash Cows 100 ETF Stock Down 1.5%

Shares of NASDAQ:ECOW traded down $0.37 during trading on Tuesday, reaching $24.70. The stock had a trading volume of 9,689 shares, compared to its average volume of 24,708. The business has a fifty day moving average price of $24.22 and a 200-day moving average price of $22.69. The stock has a market cap of $121.01 million, a P/E ratio of 10.14 and a beta of 0.73. Pacer Emerging Markets Cash Cows 100 ETF has a fifty-two week low of $17.80 and a fifty-two week high of $25.28.

Pacer Emerging Markets Cash Cows 100 ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, September 10th. Shareholders of record on Thursday, September 4th were paid a dividend of $0.2664 per share. This is a boost from Pacer Emerging Markets Cash Cows 100 ETF’s previous dividend of $0.14. The ex-dividend date was Thursday, September 4th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new position in Pacer Emerging Markets Cash Cows 100 ETF during the 2nd quarter valued at $84,000. Baird Financial Group Inc. increased its stake in Pacer Emerging Markets Cash Cows 100 ETF by 19.0% during the 1st quarter. Baird Financial Group Inc. now owns 20,967 shares of the company’s stock valued at $428,000 after buying an additional 3,354 shares during the period. Nations Financial Group Inc. IA ADV increased its stake in Pacer Emerging Markets Cash Cows 100 ETF by 19.2% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 29,102 shares of the company’s stock valued at $594,000 after buying an additional 4,693 shares during the period. Finally, OLD Mission Capital LLC boosted its position in shares of Pacer Emerging Markets Cash Cows 100 ETF by 56.5% in the 1st quarter. OLD Mission Capital LLC now owns 30,252 shares of the company’s stock valued at $618,000 after purchasing an additional 10,923 shares during the period.

About Pacer Emerging Markets Cash Cows 100 ETF

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.