Pacer Developed Markets Cash Cows Growth Leaders ETF (NYSEARCA:EAFG) Sees Large Decline in Short Interest

Pacer Developed Markets Cash Cows Growth Leaders ETF (NYSEARCA:EAFG) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 51 shares, a decrease of 73.7% from the July 15th total of 194 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 185 shares, the days-to-cover ratio is presently 0.3 days.

Pacer Developed Markets Cash Cows Growth Leaders ETF Stock Down 0.5%

Shares of NYSEARCA:EAFG traded down $0.13 during midday trading on Friday, reaching $26.20. The company’s stock had a trading volume of 595 shares, compared to its average volume of 842. The firm has a 50 day moving average of $25.64 and a 200-day moving average of $25.21. The firm has a market capitalization of $2.10 million, a P/E ratio of 22.83 and a beta of 0.89. Pacer Developed Markets Cash Cows Growth Leaders ETF has a 12-month low of $21.41 and a 12-month high of $27.02.

Hedge Funds Weigh In On Pacer Developed Markets Cash Cows Growth Leaders ETF

A hedge fund recently bought a new stake in Pacer Developed Markets Cash Cows Growth Leaders ETF stock. Sankala Group LLC purchased a new position in Pacer Developed Markets Cash Cows Growth Leaders ETF (NYSEARCA:EAFG) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 2,800 shares of the company’s stock, valued at approximately $72,000. Sankala Group LLC owned approximately 2.33% of Pacer Developed Markets Cash Cows Growth Leaders ETF as of its most recent SEC filing.

About Pacer Developed Markets Cash Cows Growth Leaders ETF

The Pacer Developed Markets Cash Cows Growth Leaders ETF (EAFG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a price momentum-weighted index of 100 large- and mid-cap companies from developed markets, excluding North America, that exhibit the highest growth characteristics. EAFG was launched on Mar 20, 2024 and is issued by Pacer.