Short Interest in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Drops By 50.6%

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 232 shares, a drop of 50.6% from the May 14th total of 470 shares. Based on an average daily trading volume, of 5,313 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Pacer US Small Cap Cash Cows Growth Leaders ETF Trading Up 1.2%

Shares of CAFG stock traded up $0.38 during midday trading on Monday, reaching $32.67. 1,855 shares of the stock were exchanged, compared to its average volume of 3,807. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 1 year low of $23.67 and a 1 year high of $32.68. The company’s 50 day moving average is $30.47 and its two-hundred day moving average is $28.12. The firm has a market cap of $24.50 million, a PE ratio of 19.44 and a beta of 1.02.

Pacer US Small Cap Cash Cows Growth Leaders ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 8th. Shareholders of record on Thursday, June 4th were given a dividend of $0.0235 per share. The ex-dividend date of this dividend was Thursday, June 4th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Captrust Financial Advisors lifted its stake in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) by 2.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,061 shares of the company’s stock after purchasing an additional 409 shares during the quarter. Captrust Financial Advisors owned 2.27% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Pacer US Small Cap Cash Cows Growth Leaders ETF

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.