Short Interest in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Drops By 60.6%

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 470 shares, a decline of 60.6% from the April 30th total of 1,192 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 2,530 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Pacer US Small Cap Cash Cows Growth Leaders ETF

A hedge fund recently bought a new stake 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) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 7,350 shares of the company’s stock, valued at approximately $206,000. Sankala Group LLC owned approximately 1.05% of Pacer US Small Cap Cash Cows Growth Leaders ETF at the end of the most recent quarter.

Pacer US Small Cap Cash Cows Growth Leaders ETF Stock Up 1.0%

NASDAQ:CAFG traded up $0.30 on Monday, hitting $31.74. The stock had a trading volume of 4,577 shares, compared to its average volume of 3,831. The company has a fifty day moving average price of $29.50 and a two-hundred day moving average price of $27.64. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 1-year low of $23.67 and a 1-year high of $32.04. The stock has a market cap of $23.81 million, a price-to-earnings ratio of 19.44 and a beta of 1.03.

Pacer US Small Cap Cash Cows Growth Leaders ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, March 9th. Investors of record on Thursday, March 5th were paid a dividend of $0.0273 per share. The ex-dividend date of this dividend was Thursday, March 5th.

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.