Short Interest in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Declines By 22.9%

Posted by Alphonse Anthony on Nov 15th, 2024

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG – Get Free Report) was the target of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 2,700 shares, a drop of 22.9% from the October 15th total of 3,500 shares. Based on an average daily trading volume, of 4,700 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On Pacer US Small Cap Cash Cows Growth Leaders ETF

A hedge fund recently raised its stake in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Captrust Financial Advisors raised its holdings in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG – Free Report) by 3.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,243 shares of the company’s stock after purchasing an additional 451 shares during the quarter. Captrust Financial Advisors owned 1.89% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $337,000 at the end of the most recent reporting period.

Pacer US Small Cap Cash Cows Growth Leaders ETF Price Performance

Shares of CAFG stock opened at $26.45 on Friday. The business has a fifty day moving average of $25.26 and a 200 day moving average of $24.50. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 1 year low of $21.13 and a 1 year high of $27.68. The firm has a market capitalization of $18.52 million, a price-to-earnings ratio of 14.84 and a beta of 1.15.

Pacer US Small Cap Cash Cows Growth Leaders ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Investors of record on Thursday, September 26th were issued a dividend of $0.0139 per share. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.21%. The ex-dividend date was Thursday, September 26th.

About Pacer US Small Cap Cash Cows Growth Leaders ETF

(Get Free Report)

The Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a price momentum-weighted index of 100 small-cap US companies that exhibit the highest growth characteristics. CAFG was launched on May 1, 2023 and is managed by Pacer.