Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Short Interest Down 72.1% in October

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the target of a large drop in short interest in October. As of October 15th, there was short interest totalling 1,700 shares, a drop of 72.1% from the September 30th total of 6,100 shares. Based on an average daily trading volume, of 14,400 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Pacer Emerging Markets Cash Cows 100 ETF stock. EverSource Wealth Advisors LLC boosted its position in shares of Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) by 72.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,383 shares of the company’s stock after buying an additional 580 shares during the period. EverSource Wealth Advisors LLC’s holdings in Pacer Emerging Markets Cash Cows 100 ETF were worth $28,000 as of its most recent SEC filing.

Pacer Emerging Markets Cash Cows 100 ETF Price Performance

Shares of ECOW stock traded up $0.14 during mid-day trading on Friday, hitting $21.34. The company had a trading volume of 16,319 shares, compared to its average volume of 27,796. The stock’s 50 day moving average price is $21.03 and its 200-day moving average price is $20.85. Pacer Emerging Markets Cash Cows 100 ETF has a 52-week low of $17.72 and a 52-week high of $22.69. The company has a market capitalization of $109.90 million, a P/E ratio of 5.70 and a beta of 0.87.

Pacer Emerging Markets Cash Cows 100 ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Thursday, September 26th were paid a $0.2277 dividend. This represents a $0.91 annualized dividend and a yield of 4.27%. The ex-dividend date was Thursday, September 26th.

About Pacer Emerging Markets Cash Cows 100 ETF

The Pacer Emerging Markets Cash Cows 100 ETF (ECOW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a fundamentally-weighted index of large- and mid-cap emerging market companies. ECOW was launched on May 2, 2019 and is managed by Pacer.