Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) Short Interest Down 57.0% in June

Pacer Developed Markets International Cash Cows 100 ETF (BATS:ICOW) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 71,138 shares, a drop of 57.0% from the June 15th total of 165,393 shares. Based on an average trading volume of 160,384 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Trading of Pacer Developed Markets International Cash Cows 100 ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Harbor Investment Advisory LLC purchased a new stake in shares of Pacer Developed Markets International Cash Cows 100 ETF during the 4th quarter valued at approximately $33,000. SOL Capital Management CO purchased a new position in Pacer Developed Markets International Cash Cows 100 ETF in the 4th quarter valued at approximately $213,000. Arkadios Wealth Advisors purchased a new position in Pacer Developed Markets International Cash Cows 100 ETF in the 1st quarter valued at approximately $333,000. Sankala Group LLC bought a new stake in Pacer Developed Markets International Cash Cows 100 ETF during the 4th quarter valued at $460,000. Finally, Barometer Capital Management Inc. bought a new stake in Pacer Developed Markets International Cash Cows 100 ETF during the 1st quarter valued at $598,000.

Pacer Developed Markets International Cash Cows 100 ETF Stock Down 0.2%

BATS ICOW opened at $42.37 on Tuesday. The company has a market cap of $1.44 billion, a PE ratio of 10.04 and a beta of 0.84. Pacer Developed Markets International Cash Cows 100 ETF has a 52 week low of $33.79 and a 52 week high of $45.70. The firm’s 50-day simple moving average is $43.77 and its two-hundred day simple moving average is $42.63.

About Pacer Developed Markets International Cash Cows 100 ETF

The Pacer Developed Markets International Cash Cows 100 ETF (ICOW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of 100 companies out of the FTSE Developed Ex-US Index selected and weighted by free cash flow. ICOW was launched on Jun 16, 2017 and is managed by Pacer.