Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) Short Interest Up 628.8% in August

Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWGGet Free Report) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 60,789 shares, an increase of 628.8% from the July 30th total of 8,341 shares. Based on an average trading volume of 234,944 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On Pacer US Large Cap Cash Cows Growth Leaders ETF

A number of institutional investors have recently made changes to their positions in the stock. CoreCap Advisors LLC raised its position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF by 14.9% during the second quarter. CoreCap Advisors LLC now owns 3,058 shares of the company’s stock worth $123,000 after acquiring an additional 396 shares during the last quarter. Triumph Capital Management acquired a new position in shares of Pacer US Large Cap Cash Cows Growth Leaders ETF in the third quarter worth approximately $131,000. Atlas Wealth LLC bought a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF in the fourth quarter valued at approximately $213,000. Nilsine Partners LLC boosted its holdings in Pacer US Large Cap Cash Cows Growth Leaders ETF by 18.2% in the second quarter. Nilsine Partners LLC now owns 11,810 shares of the company’s stock valued at $474,000 after acquiring an additional 1,819 shares during the last quarter. Finally, Sankala Group LLC acquired a new stake in Pacer US Large Cap Cash Cows Growth Leaders ETF during the 4th quarter valued at approximately $490,000.

Pacer US Large Cap Cash Cows Growth Leaders ETF Stock Performance

Shares of NASDAQ:COWG opened at $39.42 on Wednesday. The firm has a market cap of $2.31 billion, a PE ratio of 30.38 and a beta of 1.04. The firm’s fifty day moving average is $38.73 and its 200-day moving average is $36.91. Pacer US Large Cap Cash Cows Growth Leaders ETF has a 52 week low of $32.64 and a 52 week high of $40.55.

Pacer US Large Cap Cash Cows Growth Leaders ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, June 8th. Investors of record on Thursday, June 4th were given a dividend of $0.0327 per share. The ex-dividend date of this dividend was Thursday, June 4th. This is an increase from Pacer US Large Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01.

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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