Short Interest in Pacer Global Cash Cows Dividend ETF (BATS:GCOW) Drops By 52.2%

Pacer Global Cash Cows Dividend ETF (BATS:GCOWGet Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 74,677 shares, a drop of 52.2% from the August 15th total of 156,360 shares. Based on an average trading volume of 242,137 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Pacer Global Cash Cows Dividend ETF Stock Performance

GCOW opened at $46.55 on Monday. The stock has a market cap of $2.84 billion, a price-to-earnings ratio of 12.82 and a beta of 0.69. Pacer Global Cash Cows Dividend ETF has a 1 year low of $39.02 and a 1 year high of $48.06. The stock has a fifty day moving average price of $46.23 and a 200 day moving average price of $45.82.

Institutional Investors Weigh In On Pacer Global Cash Cows Dividend ETF

Institutional investors have recently made changes to their positions in the company. Abound Wealth Management acquired a new position in Pacer Global Cash Cows Dividend ETF in the second quarter worth approximately $27,000. Compass Financial Management LLC acquired a new stake in Pacer Global Cash Cows Dividend ETF in the second quarter valued at approximately $30,000. Merkkuri Wealth Advisors LLC acquired a new stake in Pacer Global Cash Cows Dividend ETF in the first quarter valued at approximately $39,000. Larson Financial Group LLC grew its position in Pacer Global Cash Cows Dividend ETF by 80.9% in the third quarter. Larson Financial Group LLC now owns 1,015 shares of the company’s stock worth $40,000 after acquiring an additional 454 shares in the last quarter. Finally, Smartleaf Asset Management LLC bought a new stake in Pacer Global Cash Cows Dividend ETF in the second quarter worth approximately $62,000.

About Pacer Global Cash Cows Dividend ETF

(Get Free Report)

The Pacer Global Cash Cows Dividend ETF (GCOW) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of developed-market large-cap stocks, selected by free cash flow yield and dividend yield, and weighted by aggregate dividends. GCOW was launched on Feb 23, 2016 and is managed by Pacer.

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