Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Sees Significant Growth in Short Interest

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 3,411 shares, a growth of 1,370.3% from the May 31st total of 232 shares. Based on an average trading volume of 3,724 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.5% of the company’s stock are sold short.

Pacer US Small Cap Cash Cows Growth Leaders ETF Price Performance

NASDAQ:CAFG remained flat at $33.04 during midday trading on Friday. The company had a trading volume of 1,485 shares, compared to its average volume of 3,814. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 52-week low of $23.67 and a 52-week high of $33.23. The firm has a market cap of $24.78 million, a price-to-earnings ratio of 19.44 and a beta of 1.02. The business’s 50-day simple moving average is $31.27 and its two-hundred day simple moving average is $28.56.

Pacer US Small Cap Cash Cows Growth Leaders ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, June 8th. Stockholders of record on Thursday, June 4th were paid a $0.0235 dividend. The ex-dividend date was Thursday, June 4th.

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

An institutional investor recently bought a new position in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Sankala Group LLC purchased a new position in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,350 shares of the company’s stock, valued at approximately $206,000. Sankala Group LLC owned about 1.05% of Pacer US Small Cap Cash Cows Growth Leaders ETF as of its most recent SEC filing.

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.