Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Short Interest Down 46.5% in March

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 6,800 shares, a decline of 46.5% from the February 28th total of 12,700 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 10,300 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of Pacer US Small Cap Cash Cows Growth Leaders ETF

An institutional investor recently raised its position in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Captrust Financial Advisors lifted its position in shares of Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) by 3.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,243 shares of the company’s stock after buying an additional 451 shares during the quarter. Captrust Financial Advisors owned approximately 1.89% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $337,000 at the end of the most recent quarter.

Pacer US Small Cap Cash Cows Growth Leaders ETF Stock Performance

CAFG opened at $23.90 on Friday. Pacer US Small Cap Cash Cows Growth Leaders ETF has a one year low of $22.30 and a one year high of $27.78. The stock has a market cap of $19.60 million, a price-to-earnings ratio of 19.37 and a beta of 1.15. The stock’s 50 day moving average price is $25.00 and its 200-day moving average price is $25.53.

Pacer US Small Cap Cash Cows Growth Leaders ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 12th. Shareholders of record on Thursday, March 6th were given a $0.0289 dividend. The ex-dividend date was Thursday, March 6th. This is an increase from Pacer US Small Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01.

Pacer US Small Cap Cash Cows Growth Leaders ETF Company Profile

The Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a price momentum-weighted index of 100 small-cap US companies that exhibit the highest growth characteristics. CAFG was launched on May 1, 2023 and is managed by Pacer.