Short Interest in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Expands By 1,370.3%

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFGGet Free Report) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 3,411 shares, an increase of 1,370.3% from the May 31st total of 232 shares. Based on an average daily volume of 3,724 shares, the short-interest ratio is currently 0.9 days. Currently, 0.5% of the shares of the stock are sold short.

Pacer US Small Cap Cash Cows Growth Leaders ETF Trading Up 0.9%

Shares of CAFG traded up $0.30 during midday trading on Thursday, hitting $33.04. The stock had a trading volume of 1,485 shares, compared to its average volume of 3,814. The business has a 50-day simple moving average of $31.27 and a two-hundred day simple moving average of $28.56. Pacer US Small Cap Cash Cows Growth Leaders ETF has a fifty-two week low of $23.67 and a fifty-two week high of $33.23. The firm has a market cap of $24.78 million, a P/E ratio of 19.44 and a beta of 1.02.

Pacer US Small Cap Cash Cows Growth Leaders ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, June 8th. Shareholders of record on Thursday, June 4th were given a $0.0235 dividend. The ex-dividend date of this dividend was Thursday, June 4th.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Sankala Group LLC bought a new position in shares of Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFGFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 7,350 shares of the company’s stock, valued at approximately $206,000. Sankala Group LLC owned about 1.05% of Pacer US Small Cap Cash Cows Growth Leaders ETF at the end of the most recent reporting period.

About Pacer US Small Cap Cash Cows Growth Leaders ETF

(Get Free Report)

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.

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