Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Sees Significant Drop in Short Interest

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 1,100 shares, a decrease of 83.8% from the March 15th total of 6,800 shares. Based on an average daily volume of 10,900 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

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

An institutional investor recently raised its position in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Captrust Financial Advisors boosted its position in shares of Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) by 25.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 16,652 shares of the company’s stock after purchasing an additional 3,409 shares during the quarter. Captrust Financial Advisors owned about 2.03% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $424,000 at the end of the most recent reporting period.

Pacer US Small Cap Cash Cows Growth Leaders ETF Price Performance

CAFG stock traded up $0.01 during mid-day trading on Tuesday, reaching $22.35. 415 shares of the company traded hands, compared to its average volume of 10,533. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 52-week low of $20.73 and a 52-week high of $27.78. The company has a fifty day moving average price of $23.99 and a 200-day moving average price of $25.34. The company has a market capitalization of $19.00 million, a P/E ratio of 20.46 and a beta of 1.15.

Pacer US Small Cap Cash Cows Growth Leaders ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 12th. Shareholders of record on Thursday, March 6th were paid a $0.0289 dividend. This is a boost from Pacer US Small Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01. The ex-dividend date of this dividend was Thursday, March 6th.

Pacer US Small Cap Cash Cows Growth Leaders ETF Company Profile

The Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a price momentum-weighted index of 100 small-cap US companies that exhibit the highest growth characteristics. CAFG was launched on May 1, 2023 and is managed by Pacer.