Short Interest in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Declines By 69.3%

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 47,700 shares, a decrease of 69.3% from the December 15th total of 155,300 shares. Based on an average trading volume of 257,100 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Pacer US Large Cap Cash Cows Growth Leaders ETF

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 Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 0.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 131,171 shares of the company’s stock after purchasing an additional 433 shares during the quarter. Pacer US Large Cap Cash Cows Growth Leaders ETF comprises approximately 2.3% of Team Financial Group LLC’s investment portfolio, making the stock its 12th largest holding. Team Financial Group LLC owned about 1.60% of Pacer US Large Cap Cash Cows Growth Leaders ETF worth $3,769,000 at the end of the most recent quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Price Performance

Shares of COWG stock traded down $0.05 on Monday, reaching $31.93. 311,231 shares of the company were exchanged, compared to its average volume of 400,662. The company has a 50-day moving average of $32.84 and a 200-day moving average of $29.63. The company has a market cap of $569.31 million, a price-to-earnings ratio of 25.31 and a beta of 1.07. Pacer US Large Cap Cash Cows Growth Leaders ETF has a one year low of $23.50 and a one year high of $34.58.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Friday, December 27th were issued a $0.0502 dividend. The ex-dividend date of this dividend was Friday, December 27th.

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.