Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (NASDAQ:QQWZ) Sees Significant Drop in Short Interest

Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (NASDAQ:QQWZ) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 3,018 shares, a decline of 68.0% from the April 30th total of 9,436 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 6,469 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF

A hedge fund recently bought a new stake in Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF stock. JPMorgan Chase & Co. bought a new stake in Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (NASDAQ:QQWZ) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,658 shares of the company’s stock, valued at approximately $165,000. JPMorgan Chase & Co. owned 1.75% of Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF as of its most recent SEC filing.

Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF Price Performance

Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF stock opened at $29.55 on Monday. The firm has a 50 day simple moving average of $27.13 and a 200-day simple moving average of $26.39. The stock has a market cap of $33.98 million, a price-to-earnings ratio of 33.05 and a beta of 1.33. Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF has a 1-year low of $21.33 and a 1-year high of $29.60.

Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 9th. Stockholders of record on Thursday, March 5th were paid a $0.0652 dividend. This is a boost from Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF’s previous dividend of $0.02. The ex-dividend date of this dividend was Thursday, March 5th.

Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF Company Profile

Pacer Funds Trust – Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF is an exchange traded fund launched and managed by Pacer Advisors, Inc The fund invests in public equity markets of global region. It invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of companies across diversified market capitalization. It seeks to replicate the performance of the Cash COWZ 100-Nasdaq 100 Rotator Index, by using full replication technique. Pacer Funds Trust – Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF is domiciled in the United States.