Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Short Interest Update

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 16,253 shares, a growth of 2,844.4% from the July 15th total of 552 shares. Based on an average trading volume of 6,812 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.8% of the shares of the company are sold short.

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

An institutional investor recently bought a new position in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Sankala Group LLC acquired a new stake in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,350 shares of the company’s stock, valued at approximately $206,000. Sankala Group LLC owned 1.05% of Pacer US Small Cap Cash Cows Growth Leaders ETF as of its most recent SEC filing.

Pacer US Small Cap Cash Cows Growth Leaders ETF Stock Performance

Pacer US Small Cap Cash Cows Growth Leaders ETF stock traded down $0.26 during midday trading on Tuesday, reaching $34.00. 11,168 shares of the company’s stock were exchanged, compared to its average volume of 8,443. The stock’s 50-day simple moving average is $33.05 and its 200 day simple moving average is $30.22. The firm has a market cap of $30.60 million, a price-to-earnings ratio of 19.44 and a beta of 0.98. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 52 week low of $24.24 and a 52 week high of $34.76.

Pacer US Small Cap Cash Cows Growth Leaders ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, June 8th. Stockholders of record on Thursday, June 4th were given a $0.0235 dividend. The ex-dividend date of this dividend was Thursday, June 4th.

About Pacer US Small Cap Cash Cows Growth Leaders ETF

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.