Short Interest in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Expands By 393.1%

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 87,569 shares, a growth of 393.1% from the April 15th total of 17,758 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average trading volume of 60,880 shares, the short-interest ratio is presently 1.4 days.

Pacer Emerging Markets Cash Cows 100 ETF Trading Down 2.2%

Shares of Pacer Emerging Markets Cash Cows 100 ETF stock traded down $0.61 on Friday, hitting $27.57. 2,020 shares of the company traded hands, compared to its average volume of 53,864. The company has a market cap of $205.40 million, a PE ratio of 10.14 and a beta of 0.64. The stock’s 50 day moving average price is $27.17 and its 200-day moving average price is $26.25. Pacer Emerging Markets Cash Cows 100 ETF has a 52 week low of $21.12 and a 52 week high of $29.53.

Hedge Funds Weigh In On Pacer Emerging Markets Cash Cows 100 ETF

Several institutional investors have recently made changes to their positions in ECOW. AdvisorNet Financial Inc bought a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF in the first quarter valued at about $98,000. Farther Finance Advisors LLC increased its position in Pacer Emerging Markets Cash Cows 100 ETF by 37.3% during the 4th quarter. Farther Finance Advisors LLC now owns 6,243 shares of the company’s stock valued at $152,000 after purchasing an additional 1,695 shares during the period. Sankala Group LLC bought a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF in the 4th quarter valued at about $444,000. Baird Financial Group Inc. lifted its position in shares of Pacer Emerging Markets Cash Cows 100 ETF by 14.5% in the 2nd quarter. Baird Financial Group Inc. now owns 24,006 shares of the company’s stock worth $530,000 after purchasing an additional 3,039 shares during the period. Finally, Nations Financial Group Inc. IA ADV lifted its position in shares of Pacer Emerging Markets Cash Cows 100 ETF by 8.9% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 34,004 shares of the company’s stock worth $831,000 after purchasing an additional 2,766 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.