Short Interest in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Drops By 12.5%

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) saw a large drop in short interest in March. As of March 31st, there was short interest totalling 1,400 shares, a drop of 12.5% from the March 15th total of 1,600 shares. Based on an average daily trading volume, of 5,500 shares, the days-to-cover ratio is currently 0.3 days.

Pacer US Small Cap Cash Cows Growth Leaders ETF Price Performance

NASDAQ CAFG traded up $0.06 during trading hours on Tuesday, hitting $22.67. The company’s stock had a trading volume of 5,270 shares, compared to its average volume of 5,305. The company’s 50 day simple moving average is $23.65 and its two-hundred day simple moving average is $22.54. The company has a market cap of $8.50 million, a P/E ratio of 14.66 and a beta of 1.13. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 12 month low of $19.26 and a 12 month high of $24.37.

Pacer US Small Cap Cash Cows Growth Leaders ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Friday, March 22nd were paid a dividend of $0.0371 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.66%.

About Pacer US Small Cap Cash Cows Growth Leaders ETF

The Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a price momentum-weighted index of 100 small-cap US companies that exhibit the highest growth characteristics. CAFG was launched on May 1, 2023 and is managed by Pacer.