Short Interest in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Declines By 48.2%

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 27,700 shares, a decline of 48.2% from the February 29th total of 53,500 shares. Based on an average daily volume of 37,100 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On Pacer Emerging Markets Cash Cows 100 ETF

A hedge fund recently bought a new stake in Pacer Emerging Markets Cash Cows 100 ETF stock. Flow Traders U.S. LLC purchased a new stake in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 68,700 shares of the company’s stock, valued at approximately $1,266,000. Flow Traders U.S. LLC owned 3.44% of Pacer Emerging Markets Cash Cows 100 ETF at the end of the most recent reporting period.

Pacer Emerging Markets Cash Cows 100 ETF Stock Performance

Shares of ECOW stock traded up $0.16 during trading on Thursday, hitting $20.09. 15,003 shares of the company were exchanged, compared to its average volume of 37,359. The firm has a market capitalization of $89.38 million, a price-to-earnings ratio of 4.83 and a beta of 0.87. The business’s 50-day simple moving average is $19.72 and its 200 day simple moving average is $19.34. Pacer Emerging Markets Cash Cows 100 ETF has a twelve month low of $17.72 and a twelve month high of $21.09.

Pacer Emerging Markets Cash Cows 100 ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a $0.0275 dividend. This represents a $0.11 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend was Thursday, March 21st.

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.