Short Interest in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Expands By 393.1%

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 87,569 shares, an increase of 393.1% from the April 15th total of 17,758 shares. Based on an average daily trading volume, of 60,880 shares, the short-interest ratio is presently 1.4 days. Approximately 1.2% of the shares of the stock are short sold.

Institutional Trading of Pacer Emerging Markets Cash Cows 100 ETF

Several large investors have recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV raised its stake in Pacer Emerging Markets Cash Cows 100 ETF by 8.9% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 34,004 shares of the company’s stock valued at $831,000 after purchasing an additional 2,766 shares during the last quarter. Baird Financial Group Inc. boosted its stake in Pacer Emerging Markets Cash Cows 100 ETF by 14.5% during the 2nd quarter. Baird Financial Group Inc. now owns 24,006 shares of the company’s stock worth $530,000 after purchasing an additional 3,039 shares during the last quarter. Sankala Group LLC acquired a new stake in Pacer Emerging Markets Cash Cows 100 ETF during the 4th quarter worth $444,000. Farther Finance Advisors LLC grew its holdings in shares of Pacer Emerging Markets Cash Cows 100 ETF by 37.3% during the fourth quarter. Farther Finance Advisors LLC now owns 6,243 shares of the company’s stock worth $152,000 after buying an additional 1,695 shares in the last quarter. Finally, AdvisorNet Financial Inc purchased a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF during the first quarter worth $98,000.

Pacer Emerging Markets Cash Cows 100 ETF Trading Down 0.4%

NASDAQ:ECOW traded down $0.12 during trading hours on Thursday, hitting $28.18. 89,235 shares of the stock were exchanged, compared to its average volume of 54,429. The firm’s fifty day moving average price is $27.14 and its 200 day moving average price is $26.22. Pacer Emerging Markets Cash Cows 100 ETF has a 52-week low of $21.12 and a 52-week high of $29.53. The company has a market cap of $209.94 million, a P/E ratio of 10.14 and a beta of 0.64.

About Pacer Emerging Markets Cash Cows 100 ETF

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.