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

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 169,400 shares, a growth of 815.7% from the October 31st total of 18,500 shares. Based on an average daily volume of 148,100 shares, the days-to-cover ratio is currently 1.1 days.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

Shares of Pacer US Large Cap Cash Cows Growth Leaders ETF stock traded up $0.31 on Friday, reaching $33.81. The company had a trading volume of 25,609 shares, compared to its average volume of 77,837. The firm has a market cap of $292.46 million, a PE ratio of 25.31 and a beta of 1.07. The firm’s 50 day moving average price is $30.49 and its two-hundred day moving average price is $28.15. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 52-week low of $22.43 and a 52-week high of $34.02.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Thursday, September 26th were paid a $0.0322 dividend. This represents a $0.13 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date was Thursday, September 26th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Pacer US Large Cap Cash Cows Growth Leaders ETF stock. Team Financial Group LLC boosted its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 3.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 130,738 shares of the company’s stock after acquiring an additional 4,934 shares during the period. Pacer US Large Cap Cash Cows Growth Leaders ETF comprises 2.4% of Team Financial Group LLC’s portfolio, making the stock its 11th largest holding. Team Financial Group LLC owned approximately 1.92% of Pacer US Large Cap Cash Cows Growth Leaders ETF worth $3,550,000 as of its most recent SEC filing.

About Pacer US Large Cap Cash Cows Growth Leaders ETF

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.