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

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 600 shares, a decrease 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.

Institutional Trading of Pacer Emerging Markets Cash Cows 100 ETF

An institutional investor recently raised its position in Pacer Emerging Markets Cash Cows 100 ETF stock. Nations Financial Group Inc. IA ADV raised its holdings in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) by 3.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,881 shares of the company’s stock after purchasing an additional 710 shares during the quarter. Nations Financial Group Inc. IA ADV owned 0.44% of Pacer Emerging Markets Cash Cows 100 ETF worth $500,000 as of its most recent filing with the Securities and Exchange Commission.

Pacer Emerging Markets Cash Cows 100 ETF Stock Down 0.1 %

Shares of NASDAQ ECOW traded down $0.03 during mid-day trading on Wednesday, hitting $19.94. 17,800 shares of the company were exchanged, compared to its average volume of 38,283. The stock has a 50 day simple moving average of $20.02 and a 200-day simple moving average of $20.51. Pacer Emerging Markets Cash Cows 100 ETF has a 1-year low of $18.89 and a 1-year high of $22.69. The firm has a market cap 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 Dividend Announcement

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

About Pacer Emerging Markets Cash Cows 100 ETF

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.