Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sees Significant Decrease in Short Interest
by Renee Jackson · The Cerbat GemPacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG – Get Free Report) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 18,358 shares, a decline of 61.4% from the March 31st total of 47,592 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 556,939 shares, the days-to-cover ratio is presently 0.0 days.
Pacer US Large Cap Cash Cows Growth Leaders ETF Price Performance
Pacer US Large Cap Cash Cows Growth Leaders ETF stock traded up $0.44 during trading hours on Friday, hitting $36.50. 169,188 shares of the stock traded hands, compared to its average volume of 553,401. The firm’s 50 day moving average price is $34.69 and its 200-day moving average price is $35.24. The stock has a market capitalization of $2.21 billion, a price-to-earnings ratio of 30.38 and a beta of 1.09. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 1 year low of $30.91 and a 1 year high of $37.17.
Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement
The company also recently declared a dividend, which was paid on Monday, March 9th. Shareholders of record on Thursday, March 5th were paid a dividend of $0.0103 per share. The ex-dividend date was Thursday, March 5th.
Institutional Trading of Pacer US Large Cap Cash Cows Growth Leaders ETF
Large investors have recently added to or reduced their stakes in the company. Provenance Wealth Advisors LLC purchased a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF during the 3rd quarter valued at about $51,000. Colonial Trust Co SC purchased a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF during the 3rd quarter valued at about $77,000. Sound Income Strategies LLC purchased a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF during the 4th quarter valued at about $86,000. First Horizon Corp purchased a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF during the 4th quarter valued at about $109,000. Finally, Triumph Capital Management purchased a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF during the 3rd quarter valued at about $131,000.
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.