Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Short Interest Update

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 51,232 shares, a decline of 79.3% from the January 29th total of 247,733 shares. Based on an average trading volume of 74,280 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.9% of the shares of the company are sold short. Approximately 0.9% of the shares of the company are sold short. Based on an average trading volume of 74,280 shares, the days-to-cover ratio is presently 0.7 days.

Pacer Emerging Markets Cash Cows 100 ETF Price Performance

ECOW stock opened at $28.02 on Thursday. The company has a fifty day moving average price of $26.08 and a two-hundred day moving average price of $25.02. Pacer Emerging Markets Cash Cows 100 ETF has a one year low of $17.80 and a one year high of $29.53. The stock has a market cap of $166.72 million, a price-to-earnings ratio of 10.14 and a beta of 0.73.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its holdings in Pacer Emerging Markets Cash Cows 100 ETF by 19.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,548 shares of the company’s stock worth $111,000 after purchasing an additional 725 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its position in Pacer Emerging Markets Cash Cows 100 ETF by 8.9% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 34,004 shares of the company’s stock worth $831,000 after buying an additional 2,766 shares during the period. Finally, Baird Financial Group Inc. lifted its holdings in shares of Pacer Emerging Markets Cash Cows 100 ETF by 14.5% during the second quarter. Baird Financial Group Inc. now owns 24,006 shares of the company’s stock worth $530,000 after buying an additional 3,039 shares in the last quarter.

Pacer Emerging Markets Cash Cows 100 ETF Company Profile

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.