Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Sees Large Increase in Short Interest

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFGGet Free Report) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 10,836 shares, an increase of 217.7% from the June 15th total of 3,411 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average daily volume of 6,895 shares, the days-to-cover ratio is presently 1.6 days.

Pacer US Small Cap Cash Cows Growth Leaders ETF Trading Up 0.1%

CAFG stock traded up $0.04 during trading hours on Tuesday, hitting $33.23. 770 shares of the stock were exchanged, compared to its average volume of 5,103. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 12 month low of $23.67 and a 12 month high of $34.33. The company has a 50-day simple moving average of $32.19 and a two-hundred day simple moving average of $29.22. The firm has a market capitalization of $29.91 million, a P/E ratio of 19.44 and a beta of 0.97.

Pacer US Small Cap Cash Cows Growth Leaders ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 8th. Investors of record on Thursday, June 4th were issued a dividend of $0.0235 per share. The ex-dividend date of this dividend was Thursday, June 4th.

Hedge Funds Weigh In On Pacer US Small Cap Cash Cows Growth Leaders ETF

An institutional investor recently bought a new position in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Sankala Group LLC bought a new position in shares of Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFGFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 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 reporting period.

Pacer US Small Cap Cash Cows Growth Leaders ETF Company Profile

(Get Free Report)

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.

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