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

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 43,147 shares, a decrease of 32.7% from the July 30th total of 64,156 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 17,993 shares, the short-interest ratio is currently 2.4 days.

Institutional Trading of Pacer Emerging Markets Cash Cows 100 ETF

Several hedge funds and other institutional investors have recently bought and sold shares of ECOW. Baird Financial Group Inc. raised its holdings in Pacer Emerging Markets Cash Cows 100 ETF by 14.5% in the 2nd quarter. Baird Financial Group Inc. now owns 24,006 shares of the company’s stock valued at $530,000 after acquiring an additional 3,039 shares during the last quarter. AdvisorNet Financial Inc acquired a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF during the first quarter worth $98,000. Finally, Sankala Group LLC acquired a new stake in shares of Pacer Emerging Markets Cash Cows 100 ETF during the fourth quarter worth $444,000.

Pacer Emerging Markets Cash Cows 100 ETF Price Performance

Shares of NASDAQ ECOW opened at $27.64 on Wednesday. The company has a market cap of $222.50 million, a PE ratio of 10.14 and a beta of 0.63. Pacer Emerging Markets Cash Cows 100 ETF has a 12 month low of $23.27 and a 12 month high of $29.53. The company has a 50-day simple moving average of $27.25 and a 200-day simple moving average of $27.24.

Pacer Emerging Markets Cash Cows 100 ETF Company Profile

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.