Short Interest in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Increases By 97.9%

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 9,500 shares, an increase of 97.9% from the November 15th total of 4,800 shares. Based on an average daily volume of 5,500 shares, the days-to-cover ratio is currently 1.7 days.

Pacer US Small Cap Cash Cows Growth Leaders ETF Price Performance

CAFG traded down $0.15 during trading hours on Friday, reaching $26.83. 6,550 shares of the stock traded hands, compared to its average volume of 5,813. Pacer US Small Cap Cash Cows Growth Leaders ETF has a fifty-two week low of $22.30 and a fifty-two week high of $27.78. The company has a market cap of $18.78 million, a price-to-earnings ratio of 14.84 and a beta of 1.15. The firm’s fifty day simple moving average is $26.27 and its two-hundred day simple moving average is $24.97.

Pacer US Small Cap Cash Cows Growth Leaders ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Thursday, September 26th were given a dividend of $0.0139 per share. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.21%. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Captrust Financial Advisors increased its position in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) by 3.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,243 shares of the company’s stock after purchasing an additional 451 shares during the period. Captrust Financial Advisors owned 1.89% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $337,000 at the end of the most recent reporting period.

About Pacer US Small Cap Cash Cows Growth Leaders ETF

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.