Short Interest in Pacer US Cash Cows Bond ETF (BATS:MILK) Declines By 61.6%

Pacer US Cash Cows Bond ETF (BATS:MILK) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 10,225 shares, a decrease of 61.6% from the July 30th total of 26,633 shares. Based on an average daily volume of 2,745 shares, the days-to-cover ratio is presently 3.7 days. Currently, 5.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Pacer US Cash Cows Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Ameritas Advisory Services LLC bought a new stake in Pacer US Cash Cows Bond ETF during the second quarter valued at $82,000. Kestra Advisory Services LLC increased its stake in Pacer US Cash Cows Bond ETF by 2.0% in the 1st quarter. Kestra Advisory Services LLC now owns 106,734 shares of the company’s stock worth $2,580,000 after acquiring an additional 2,082 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of Pacer US Cash Cows Bond ETF by 11.5% in the 4th quarter. Jane Street Group LLC now owns 16,795 shares of the company’s stock valued at $413,000 after acquiring an additional 1,731 shares in the last quarter.

Pacer US Cash Cows Bond ETF Price Performance

Shares of BATS:MILK opened at $24.24 on Friday. The firm has a fifty day moving average price of $24.33 and a two-hundred day moving average price of $24.46. Pacer US Cash Cows Bond ETF has a one year low of $23.83 and a one year high of $25.95.

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.