Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD) Short Interest Up 4,575.0% in May

Pacer Cash Cows Fund of Funds ETF (NASDAQ:HERD – Get Rating) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 18,700 shares, an increase of 4,575.0% from the April 30th total of 400 shares. Based on an average daily trading volume, of 15,800 shares, the short-interest ratio is presently 1.2 days.

Pacer Cash Cows Fund of Funds ETF Stock Performance

Pacer Cash Cows Fund of Funds ETF stock opened at $32.35 on Friday. The business has a 50-day moving average of $33.17 and a 200-day moving average of $33.34. Pacer Cash Cows Fund of Funds ETF has a 1 year low of $27.89 and a 1 year high of $36.35.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. HighTower Advisors LLC grew its holdings in shares of Pacer Cash Cows Fund of Funds ETF by 2.3% in the 1st quarter. HighTower Advisors LLC now owns 186,330 shares of the company’s stock valued at $6,250,000 after buying an additional 4,195 shares during the period. Advisor Group Holdings Inc. grew its stake in Pacer Cash Cows Fund of Funds ETF by 103.9% in the fourth quarter. Advisor Group Holdings Inc. now owns 85,181 shares of the company’s stock valued at $2,737,000 after acquiring an additional 43,397 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in Pacer Cash Cows Fund of Funds ETF by 952.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 78,430 shares of the company’s stock valued at $2,632,000 after acquiring an additional 70,976 shares during the period. LPL Financial LLC acquired a new position in Pacer Cash Cows Fund of Funds ETF in the first quarter valued at about $2,325,000. Finally, Jane Street Group LLC acquired a new position in Pacer Cash Cows Fund of Funds ETF in the third quarter valued at about $746,000.