Pacer US Cash Cows Bond ETF (BATS:MILK) Stock Short Interest Drops 81.4%

Pacer US Cash Cows Bond ETF (BATS:MILK) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 1,421 shares, a drop of 81.4% from the August 31st total of 7,635 shares. Based on an average daily volume of 4,495 shares, the short-interest ratio is currently 0.3 days. Approximately 0.7% of the shares of the stock are short sold.

Pacer US Cash Cows Bond ETF Stock Performance

Shares of Pacer US Cash Cows Bond ETF stock opened at $23.52 on Friday. Pacer US Cash Cows Bond ETF has a 1 year low of $23.45 and a 1 year high of $25.95. The business has a 50 day moving average price of $24.09 and a 200 day moving average price of $24.33.

Hedge Funds Weigh In On Pacer US Cash Cows Bond ETF

A hedge fund recently bought a new stake in Pacer US Cash Cows Bond ETF stock. Ameritas Advisory Services LLC acquired a new stake in Pacer US Cash Cows Bond ETF (BATS:MILK) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,333 shares of the company’s stock, valued at approximately $82,000. Ameritas Advisory Services LLC owned approximately 1.67% of Pacer US Cash Cows Bond ETF as of its most recent SEC filing.

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.