Short Interest in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Increases By 17.1%

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 60,007 shares, a growth of 17.1% from the February 12th total of 51,232 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily volume of 42,661 shares, the short-interest ratio is currently 1.4 days. Based on an average daily volume of 42,661 shares, the short-interest ratio is currently 1.4 days. Approximately 1.0% of the company’s stock are short sold.

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

Several institutional investors and hedge funds have recently bought and sold shares of the business. Baird Financial Group Inc. increased its holdings in shares of Pacer Emerging Markets Cash Cows 100 ETF by 14.5% in the 2nd quarter. Baird Financial Group Inc. now owns 24,006 shares of the company’s stock valued at $530,000 after purchasing an additional 3,039 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of Pacer Emerging Markets Cash Cows 100 ETF by 19.0% during the third 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 period. Nations Financial Group Inc. IA ADV boosted its holdings in shares of Pacer Emerging Markets Cash Cows 100 ETF by 8.9% during the third quarter. Nations Financial Group Inc. IA ADV now owns 34,004 shares of the company’s stock worth $831,000 after purchasing an additional 2,766 shares during the period. Finally, Sankala Group LLC purchased a new position in Pacer Emerging Markets Cash Cows 100 ETF during the fourth quarter valued at approximately $444,000.

Pacer Emerging Markets Cash Cows 100 ETF Trading Down 1.6%

Shares of ECOW stock opened at $26.26 on Thursday. The company has a market capitalization of $156.25 million, a price-to-earnings ratio of 10.14 and a beta of 0.73. Pacer Emerging Markets Cash Cows 100 ETF has a 1-year low of $17.80 and a 1-year high of $29.53. The stock’s fifty day simple moving average is $26.60 and its 200-day simple moving average is $25.35.

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.