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

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 1,700 shares, a decline of 72.1% from the September 30th total of 6,100 shares. Based on an average daily volume of 14,400 shares, the short-interest ratio is currently 0.1 days.

Pacer Emerging Markets Cash Cows 100 ETF Price Performance

Shares of Pacer Emerging Markets Cash Cows 100 ETF stock traded up $0.14 during trading hours on Friday, reaching $21.34. The company’s stock had a trading volume of 16,319 shares, compared to its average volume of 27,796. Pacer Emerging Markets Cash Cows 100 ETF has a one year low of $17.72 and a one year high of $22.69. The firm has a 50 day moving average price of $21.03 and a 200-day moving average price of $20.85. The stock has a market cap of $109.90 million, a P/E ratio of 5.70 and a beta of 0.87.

Pacer Emerging Markets Cash Cows 100 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Thursday, September 26th were given a dividend of $0.2277 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.91 dividend on an annualized basis and a yield of 4.27%.

Hedge Funds Weigh In On Pacer Emerging Markets Cash Cows 100 ETF

A hedge fund recently raised its stake in Pacer Emerging Markets Cash Cows 100 ETF stock. EverSource Wealth Advisors LLC increased its stake in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) by 72.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,383 shares of the company’s stock after buying an additional 580 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Pacer Emerging Markets Cash Cows 100 ETF were worth $28,000 as of its most recent SEC filing.

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.