Pacer US Cash Cows Bond ETF (BATS:MILK) Short Interest Up 111.1% in July

Pacer US Cash Cows Bond ETF (BATS:MILK) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 26,633 shares, an increase of 111.1% from the July 15th total of 12,614 shares. Based on an average daily trading volume, of 7,679 shares, the days-to-cover ratio is currently 3.5 days. Currently, 13.3% of the shares of the stock are sold short.

Hedge Funds Weigh In On Pacer US Cash Cows Bond ETF

A hedge fund recently bought a new position in Pacer US Cash Cows Bond ETF stock. Jane Street Group LLC purchased a new stake in Pacer US Cash Cows Bond ETF (BATS:MILK) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 49,019 shares of the company’s stock, valued at approximately $1,201,000. Jane Street Group LLC owned approximately 24.51% of Pacer US Cash Cows Bond ETF at the end of the most recent reporting period.

Pacer US Cash Cows Bond ETF Stock Down 0.4%

BATS:MILK opened at $24.17 on Friday. Pacer US Cash Cows Bond ETF has a 52-week low of $23.83 and a 52-week high of $25.95. The stock has a fifty day simple moving average of $24.40 and a 200-day simple moving average of $24.49.

About Pacer US Cash Cows Bond ETF

The Pacer US Cash Cows Bond ETF (MILK) is an exchange-traded fund that is based on the Solactive Pacer US Cash Cows Bond index. The fund tracks an index of investment grade US corporate bonds, selected based on cash flow yield and margins. The average weighted maturity of the portfolio is approximately 15 years MILK was launched on Dec 17, 2024 and is issued by Pacer.