Pacer US Cash Cows Bond ETF (BATS:MILK) Stock Short Interest Declines 42.0%

Pacer US Cash Cows Bond ETF (BATS:MILK) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 824 shares, a drop of 42.0% from the September 15th total of 1,421 shares. Based on an average daily volume of 13,046 shares, the short-interest ratio is presently 0.1 days. Approximately 0.4% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Pacer US Cash Cows Bond ETF stock. Ameritas Advisory Services LLC purchased a new position in shares of Pacer US Cash Cows Bond ETF (BATS:MILK) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,333 shares of the company’s stock, valued at approximately $82,000. Ameritas Advisory Services LLC owned approximately 1.67% of Pacer US Cash Cows Bond ETF at the end of the most recent reporting period.

Pacer US Cash Cows Bond ETF Price Performance

MILK stock opened at $23.45 on Thursday. Pacer US Cash Cows Bond ETF has a 52 week low of $23.13 and a 52 week high of $25.95. The company’s 50-day moving average price is $23.88 and its 200 day moving average price is $24.25.

Pacer US Cash Cows Bond ETF Company Profile

The Pacer US Cash Cows Bond ETF (MILK) is an exchange-traded fund that is based on the Solactive Pacer US Cash Cows Bond index. The fund tracks an index of investment grade US corporate bonds, selected based on cash flow yield and margins. The average weighted maturity of the portfolio is approximately 15 years MILK was launched on Dec 17, 2024 and is issued by Pacer.