Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Short Interest Update

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 43,147 shares, a drop of 32.7% from the July 30th total of 64,156 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 17,993 shares, the days-to-cover ratio is presently 2.4 days.

Pacer Emerging Markets Cash Cows 100 ETF Stock Performance

Shares of NASDAQ ECOW opened at $27.73 on Thursday. The stock’s 50-day simple moving average is $27.28 and its 200-day simple moving average is $27.24. The firm has a market capitalization of $223.23 million, a PE ratio of 10.14 and a beta of 0.63. Pacer Emerging Markets Cash Cows 100 ETF has a fifty-two week low of $23.27 and a fifty-two week high of $29.53.

Institutional Investors Weigh In On Pacer Emerging Markets Cash Cows 100 ETF

Several hedge funds have recently made changes to their positions in the business. AdvisorNet Financial Inc purchased a new position in shares of Pacer Emerging Markets Cash Cows 100 ETF in the 1st quarter valued at approximately $98,000. Sankala Group LLC purchased a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF during the fourth quarter worth approximately $444,000. Finally, Baird Financial Group Inc. raised its stake in shares of Pacer Emerging Markets Cash Cows 100 ETF by 14.5% during the second 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.

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.