Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Sees Large Drop in Short Interest

Posted by Clark Linder on Jan 30th, 2025

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW – Get Free Report) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 600 shares, a drop of 77.8% from the December 31st total of 2,700 shares. Based on an average daily volume of 19,000 shares, the days-to-cover ratio is presently 0.0 days.

Pacer Emerging Markets Cash Cows 100 ETF Stock Down 0.1 %

Shares of Pacer Emerging Markets Cash Cows 100 ETF stock traded down $0.03 on Wednesday, reaching $19.94. 17,800 shares of the stock were exchanged, compared to its average volume of 38,283. The business has a 50 day moving average price of $20.02 and a two-hundred day moving average price of $20.51. The firm has a market capitalization of $86.76 million, a price-to-earnings ratio of 5.70 and a beta of 0.87. Pacer Emerging Markets Cash Cows 100 ETF has a twelve month low of $18.89 and a twelve month high of $22.69.

Pacer Emerging Markets Cash Cows 100 ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 27th were issued a $0.5523 dividend. The ex-dividend date of this dividend was Friday, December 27th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Pacer Emerging Markets Cash Cows 100 ETF stock. Nations Financial Group Inc. IA ADV boosted its stake in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW – Free Report) by 3.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,881 shares of the company’s stock after buying an additional 710 shares during the quarter. Nations Financial Group Inc. IA ADV owned approximately 0.44% of Pacer Emerging Markets Cash Cows 100 ETF worth $500,000 at the end of the most recent reporting period.

About Pacer Emerging Markets Cash Cows 100 ETF

(Get Free Report)

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.