Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Sees Large Decrease in Short Interest

by · The Cerbat Gem

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG – Get Free Report) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 47,700 shares, a decline of 69.3% from the December 15th total of 155,300 shares. Based on an average trading volume of 257,100 shares, the short-interest ratio is presently 0.2 days.

Pacer US Large Cap Cash Cows Growth Leaders ETF Price Performance

Shares of Pacer US Large Cap Cash Cows Growth Leaders ETF stock traded up $0.31 during trading hours on Tuesday, reaching $32.24. The company had a trading volume of 441,880 shares, compared to its average volume of 404,766. Pacer US Large Cap Cash Cows Growth Leaders ETF has a one year low of $23.50 and a one year high of $34.58. The firm has a market cap of $574.84 million, a PE ratio of 25.31 and a beta of 1.07. The business has a fifty day simple moving average of $32.84 and a 200 day simple moving average of $29.63.

Pacer US Large Cap Cash Cows Growth Leaders ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 27th were given a dividend of $0.0502 per share. The ex-dividend date was Friday, December 27th.

Hedge Funds Weigh In On Pacer US Large Cap Cash Cows Growth Leaders ETF

A hedge fund recently raised its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF stock. Team Financial Group LLC boosted its holdings in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG – Free Report) by 0.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 131,171 shares of the company’s stock after buying an additional 433 shares during the period. Pacer US Large Cap Cash Cows Growth Leaders ETF makes up about 2.3% of Team Financial Group LLC’s holdings, making the stock its 12th largest holding. Team Financial Group LLC owned 1.60% of Pacer US Large Cap Cash Cows Growth Leaders ETF worth $3,769,000 at the end of the most recent quarter.

Pacer US Large Cap Cash Cows Growth Leaders ETF Company Profile

(Get Free Report)

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.

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