Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Short Interest Down 64.9% in January

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the recipient of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 4,600 shares, a drop of 64.9% from the January 15th total of 13,100 shares. Based on an average daily trading volume, of 9,200 shares, the days-to-cover ratio is presently 0.5 days.

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

A hedge fund recently raised its stake in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Captrust Financial Advisors boosted its holdings in shares of Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) by 3.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,243 shares of the company’s stock after buying an additional 451 shares during the period. Captrust Financial Advisors owned approximately 1.89% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $337,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Pacer US Small Cap Cash Cows Growth Leaders ETF Price Performance

Shares of CAFG stock traded up $0.55 during mid-day trading on Thursday, hitting $26.28. The company had a trading volume of 7,373 shares, compared to its average volume of 9,692. The stock’s 50 day moving average price is $26.05 and its 200-day moving average price is $25.55. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 52-week low of $22.30 and a 52-week high of $27.78. The company has a market capitalization of $21.55 million, a P/E ratio of 14.84 and a beta of 1.15.

Pacer US Small Cap Cash Cows Growth Leaders ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 27th were paid a dividend of $0.0101 per share. The ex-dividend date of this dividend was Friday, December 27th.

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.