Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sees Large Increase in Short Interest

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 178,900 shares, an increase of 239.5% from the January 15th total of 52,700 shares. Based on an average daily trading volume, of 427,700 shares, the short-interest ratio is currently 0.4 days.

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

Institutional investors have recently modified their holdings of the business. Cozad Asset Management Inc. purchased a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the fourth quarter valued at $255,000. Creative Financial Designs Inc. ADV raised its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 61.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 10,247 shares of the company’s stock worth $328,000 after purchasing an additional 3,914 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF in the 4th quarter valued at approximately $619,000. Private Trust Co. NA grew its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 1,545.0% during the 4th quarter. Private Trust Co. NA now owns 7,419 shares of the company’s stock valued at $238,000 after buying an additional 6,968 shares during the last quarter. Finally, Team Financial Group LLC increased its position in Pacer US Large Cap Cash Cows Growth Leaders ETF by 1.9% during the fourth quarter. Team Financial Group LLC now owns 133,687 shares of the company’s stock worth $4,283,000 after buying an additional 2,516 shares in the last quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

COWG traded up $0.61 during trading on Thursday, hitting $35.50. The stock had a trading volume of 173,351 shares, compared to its average volume of 565,172. The firm has a market capitalization of $772.15 million, a P/E ratio of 25.31 and a beta of 1.07. Pacer US Large Cap Cash Cows Growth Leaders ETF has a twelve month low of $24.12 and a twelve month high of $35.65. The company’s 50-day moving average price is $33.33 and its 200 day moving average price is $30.64.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 27th were given a $0.0502 dividend. The ex-dividend date was Friday, December 27th.

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.