Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Sees Significant Decline in Short Interest

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 12,700 shares, a decrease of 33.9% from the February 28th total of 19,200 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 29,400 shares, the short-interest ratio is currently 0.4 days.

Pacer Emerging Markets Cash Cows 100 ETF Stock Performance

NASDAQ ECOW traded down $0.26 on Friday, hitting $20.46. 14,783 shares of the stock traded hands, compared to its average volume of 24,090. The firm has a market capitalization of $89.00 million, a price-to-earnings ratio of 10.81 and a beta of 0.87. The business’s fifty day moving average is $20.27 and its two-hundred day moving average is $20.54. Pacer Emerging Markets Cash Cows 100 ETF has a 12 month low of $18.89 and a 12 month high of $22.70.

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

Several large investors have recently added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV boosted its holdings in Pacer Emerging Markets Cash Cows 100 ETF by 6.7% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 24,409 shares of the company’s stock worth $474,000 after buying an additional 1,528 shares during the period. Flow Traders U.S. LLC lifted its holdings in Pacer Emerging Markets Cash Cows 100 ETF by 183.0% during the 3rd quarter. Flow Traders U.S. LLC now owns 241,433 shares of the company’s stock worth $5,278,000 after purchasing an additional 156,109 shares in the last quarter. Copia Wealth Management purchased a new stake in Pacer Emerging Markets Cash Cows 100 ETF during the 4th quarter worth about $68,000. Finally, Baird Financial Group Inc. purchased a new position in Pacer Emerging Markets Cash Cows 100 ETF during the 4th quarter valued at about $342,000.

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.