Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) Short Interest Up 800.0% in December

Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 2,700 shares, an increase of 800.0% from the November 30th total of 300 shares. Based on an average daily volume of 16,800 shares, the days-to-cover ratio is presently 0.2 days.

Pacer Emerging Markets Cash Cows 100 ETF Price Performance

Shares of Pacer Emerging Markets Cash Cows 100 ETF stock opened at $20.27 on Friday. The company has a 50-day moving average of $20.73 and a 200 day moving average of $20.73. Pacer Emerging Markets Cash Cows 100 ETF has a 1 year low of $18.81 and a 1 year high of $22.69. The firm has a market cap of $104.39 million, a price-to-earnings ratio of 5.70 and a beta of 0.87.

Hedge Funds Weigh In On Pacer Emerging Markets Cash Cows 100 ETF

A hedge fund recently raised its stake in Pacer Emerging Markets Cash Cows 100 ETF stock. Flow Traders U.S. LLC lifted its holdings in Pacer Emerging Markets Cash Cows 100 ETF (NASDAQ:ECOW) by 183.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 241,433 shares of the company’s stock after purchasing an additional 156,109 shares during the period. Flow Traders U.S. LLC owned about 4.69% of Pacer Emerging Markets Cash Cows 100 ETF worth $5,278,000 at the end of the most recent reporting period.

Pacer Emerging Markets Cash Cows 100 ETF Company Profile

The Pacer Emerging Markets Cash Cows 100 ETF (ECOW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a fundamentally-weighted index of large- and mid-cap emerging market companies. ECOW was launched on May 2, 2019 and is managed by Pacer.