Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Short Interest Update

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 33,547 shares, a drop of 44.1% from the February 26th total of 60,007 shares. Based on an average trading volume of 75,486 shares, the short-interest ratio is currently 0.4 days. Approximately 0.6% of the company’s stock are sold short.

Pacer Emerging Markets Cash Cows 100 ETF Trading Up 0.2%

ECOW traded up $0.05 during midday trading on Friday, reaching $26.01. The company’s stock had a trading volume of 23,658 shares, compared to its average volume of 56,450. The firm has a market capitalization of $154.76 million, a price-to-earnings ratio of 10.14 and a beta of 0.73. Pacer Emerging Markets Cash Cows 100 ETF has a 1 year low of $17.80 and a 1 year high of $29.53. The stock’s 50-day moving average is $26.73 and its 200-day moving average is $25.47.

Institutional Trading of Pacer Emerging Markets Cash Cows 100 ETF

A number of hedge funds have recently made changes to their positions in ECOW. Farther Finance Advisors LLC increased its position in Pacer Emerging Markets Cash Cows 100 ETF by 19.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,548 shares of the company’s stock valued at $111,000 after buying an additional 725 shares in the last quarter. Sankala Group LLC purchased a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF in the fourth quarter worth $444,000. Baird Financial Group Inc. grew its stake in shares of Pacer Emerging Markets Cash Cows 100 ETF by 14.5% in the second quarter. Baird Financial Group Inc. now owns 24,006 shares of the company’s stock worth $530,000 after acquiring an additional 3,039 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV increased its holdings in shares of Pacer Emerging Markets Cash Cows 100 ETF by 8.9% during the third quarter. Nations Financial Group Inc. IA ADV now owns 34,004 shares of the company’s stock valued at $831,000 after acquiring an additional 2,766 shares in the last quarter.

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.