Short Interest in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Expands By 815.7%

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 169,400 shares, a growth of 815.7% from the October 31st total of 18,500 shares. Based on an average daily volume of 148,100 shares, the days-to-cover ratio is currently 1.1 days.

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

An institutional investor recently raised its position in Pacer US Large Cap Cash Cows Growth Leaders ETF stock. Team Financial Group LLC increased its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 0.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 131,171 shares of the company’s stock after buying an additional 433 shares during the period. Pacer US Large Cap Cash Cows Growth Leaders ETF comprises about 2.3% of Team Financial Group LLC’s holdings, making the stock its 12th largest position. Team Financial Group LLC owned about 1.60% of Pacer US Large Cap Cash Cows Growth Leaders ETF worth $3,769,000 at the end of the most recent quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Down 0.6 %

NASDAQ:COWG traded down $0.21 on Wednesday, reaching $33.45. The company’s stock had a trading volume of 232,254 shares, compared to its average volume of 77,729. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 12-month low of $22.37 and a 12-month high of $34.02. The stock has a 50 day moving average price of $30.28 and a 200 day moving average price of $28.08. The firm has a market cap of $289.34 million, a price-to-earnings ratio of 25.31 and a beta of 1.07.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Thursday, September 26th were given a $0.0322 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.13 dividend on an annualized basis and a yield of 0.38%.

Pacer US Large Cap Cash Cows Growth Leaders ETF Company Profile

The Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a price momentum-weighted index of 100 large-cap US companies that exhibit the highest growth characteristics. COWG was launched on Dec 21, 2022 and is managed by Pacer.