Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Short Interest Up 160.5% in August

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) saw a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 32,300 shares, a growth of 160.5% from the July 31st total of 12,400 shares. Based on an average trading volume of 56,300 shares, the days-to-cover ratio is presently 0.6 days.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

COWG traded down $0.25 on Wednesday, hitting $27.65. 41,196 shares of the company were exchanged, compared to its average volume of 48,928. The firm has a fifty day simple moving average of $27.03 and a two-hundred day simple moving average of $26.16. The stock has a market capitalization of $188.57 million, a PE ratio of 25.31 and a beta of 1.07. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 12 month low of $20.37 and a 12 month high of $28.09.

Pacer US Large Cap Cash Cows Growth Leaders ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Thursday, June 27th were issued a $0.0212 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.31%. The ex-dividend date of this dividend was Thursday, June 27th.

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

An institutional investor recently raised its position in Pacer US Large Cap Cash Cows Growth Leaders ETF stock. Team Financial Group LLC raised its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 3.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 130,738 shares of the company’s stock after buying an additional 4,934 shares during the quarter. Pacer US Large Cap Cash Cows Growth Leaders ETF comprises 2.4% of Team Financial Group LLC’s investment portfolio, making the stock its 11th largest position. Team Financial Group LLC owned approximately 1.92% of Pacer US Large Cap Cash Cows Growth Leaders ETF worth $3,550,000 as of its most recent SEC filing.

About Pacer US Large Cap Cash Cows Growth Leaders ETF

The Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a price momentum-weighted index of 100 large-cap US companies that exhibit the highest growth characteristics. COWG was launched on Dec 21, 2022 and is managed by Pacer.