Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Stock Short Interest Jumps 526.1%

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 5,773 shares, an increase of 526.1% from the September 30th total of 922 shares. Based on an average daily volume of 10,934 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.5% of the shares of the company are short sold.

Pacer US Small Cap Cash Cows Growth Leaders ETF Stock Performance

Shares of NASDAQ:CAFG traded down $0.01 during trading hours on Wednesday, hitting $34.11. 9,537 shares of the company’s stock traded hands, compared to its average volume of 10,130. The company’s fifty day simple moving average is $32.81 and its two-hundred day simple moving average is $30.82. The company has a market cap of $44.34 million, a price-to-earnings ratio of 19.44 and a beta of 0.99. 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 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Thursday, September 3rd were paid a $0.0232 dividend. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $0.09 annualized dividend and a dividend yield of 0.3%.

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.