Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) Shares Shorted: Short Interest Up 3,265.4% in September

Pacer US Cash Cows Growth ETF (NYSEARCA:BUL) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 2,625 shares, an increase of 3,265.4% from the September 15th total of 78 shares. Based on an average daily volume of 13,420 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Pacer US Cash Cows Growth ETF Trading Up 0.9%

NYSEARCA:BUL traded up $0.52 on Friday, hitting $61.69. 2,378 shares of the company’s stock traded hands, compared to its average volume of 11,366. The firm has a 50-day moving average price of $63.09 and a 200-day moving average price of $59.74. The company has a market cap of $129.55 million, a PE ratio of 16.49 and a beta of 1.01. Pacer US Cash Cows Growth ETF has a 1 year low of $50.34 and a 1 year high of $65.70.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of BUL. BNB Wealth Management LLC acquired a new stake in Pacer US Cash Cows Growth ETF in the 4th quarter valued at about $3,352,000. Oxbow Advisors LLC increased its holdings in shares of Pacer US Cash Cows Growth ETF by 151.5% in the first quarter. Oxbow Advisors LLC now owns 61,547 shares of the company’s stock valued at $3,327,000 after purchasing an additional 37,079 shares in the last quarter. Maridea Wealth Management LLC lifted its holdings in Pacer US Cash Cows Growth ETF by 264.1% during the 1st quarter. Maridea Wealth Management LLC now owns 15,418 shares of the company’s stock worth $833,000 after buying an additional 11,184 shares in the last quarter. Sankala Group LLC acquired a new position in Pacer US Cash Cows Growth ETF during the 4th quarter worth $496,000. Finally, Independent Financial Group LLC acquired a new stake in shares of Pacer US Cash Cows Growth ETF in the 1st quarter valued at $258,000.

Pacer US Cash Cows Growth ETF Company Profile

The Pacer US Cash Cows Growth ETF (BUL) is an exchange-traded fund that is based on the Pacer US Cash Cows Growth index. The fund tracks a market cap-weighted index of large- and mid-cap US growth equities selected using fundamental factors. BUL was launched on May 2, 2019 and is managed by Pacer.