Short Interest in Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (NASDAQ:QQWZ) Grows By 647.7%

Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (NASDAQ:QQWZ) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 14,334 shares, an increase of 647.7% from the May 31st total of 1,917 shares. Based on an average daily volume of 23,538 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.2% of the shares of the stock are sold short.

Institutional Trading of Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF

An institutional investor recently bought a new position in Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF stock. JPMorgan Chase & Co. purchased a new stake in Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (NASDAQ:QQWZ) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,658 shares of the company’s stock, valued at approximately $165,000. JPMorgan Chase & Co. owned approximately 1.75% of Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF as of its most recent SEC filing.

Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF Stock Up 0.7%

Shares of NASDAQ QQWZ opened at $28.54 on Friday. Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF has a 52 week low of $22.44 and a 52 week high of $30.00. The firm has a 50-day moving average price of $28.20 and a 200 day moving average price of $26.90. The stock has a market capitalization of $32.82 million, a price-to-earnings ratio of 33.05 and a beta of 1.69.

Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF Increases 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 $0.0725 per share. This is a boost from Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF’s previous dividend of $0.07. The ex-dividend date of this dividend was Thursday, June 4th.

Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF Company Profile

Pacer Funds Trust – Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF is an exchange traded fund launched and managed by Pacer Advisors, Inc The fund invests in public equity markets of global region. It invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of companies across diversified market capitalization. It seeks to replicate the performance of the Cash COWZ 100-Nasdaq 100 Rotator Index, by using full replication technique. Pacer Funds Trust – Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF is domiciled in the United States.