Short Interest in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Increases By 97.2%

Pacer Global Cash Cows Dividend ETF (BATS:GCOW) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 231,893 shares, a growth of 97.2% from the July 15th total of 117,570 shares. Based on an average daily volume of 268,097 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.4% of the company’s stock are sold short.

Hedge Funds Weigh In On Pacer Global Cash Cows Dividend ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Abound Wealth Management acquired a new position in shares of Pacer Global Cash Cows Dividend ETF in the second quarter worth about $27,000. Compass Financial Management LLC acquired a new position in Pacer Global Cash Cows Dividend ETF in the second quarter worth about $30,000. Merkkuri Wealth Advisors LLC bought a new stake in Pacer Global Cash Cows Dividend ETF in the first quarter valued at about $39,000. Larson Financial Group LLC increased its holdings in Pacer Global Cash Cows Dividend ETF by 80.9% in the third quarter. Larson Financial Group LLC now owns 1,015 shares of the company’s stock valued at $40,000 after buying an additional 454 shares during the last quarter. Finally, Private Trust Co. NA raised its stake in Pacer Global Cash Cows Dividend ETF by 60.0% during the fourth quarter. Private Trust Co. NA now owns 1,600 shares of the company’s stock valued at $66,000 after buying an additional 600 shares in the last quarter.

Pacer Global Cash Cows Dividend ETF Price Performance

Shares of BATS GCOW opened at $46.88 on Monday. Pacer Global Cash Cows Dividend ETF has a 1-year low of $39.02 and a 1-year high of $47.57. The business has a 50-day moving average of $45.00 and a 200-day moving average of $45.59. The company has a market capitalization of $2.86 billion, a price-to-earnings ratio of 12.82 and a beta of 0.69.

Pacer Global Cash Cows Dividend ETF Company Profile

The Pacer Global Cash Cows Dividend ETF (GCOW) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of developed-market large-cap stocks, selected by free cash flow yield and dividend yield, and weighted by aggregate dividends. GCOW was launched on Feb 23, 2016 and is managed by Pacer.