Short Interest in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Declines By 83.8%

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 1,100 shares, a drop of 83.8% from the March 15th total of 6,800 shares. Based on an average daily volume of 10,900 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Pacer US Small Cap Cash Cows Growth Leaders ETF Stock Up 0.0 %

NASDAQ CAFG traded up $0.01 during trading on Tuesday, hitting $22.35. 415 shares of the stock traded hands, compared to its average volume of 10,533. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 12-month low of $20.73 and a 12-month high of $27.78. The firm has a 50-day simple moving average of $23.99 and a 200-day simple moving average of $25.34. The company has a market capitalization of $19.00 million, a P/E ratio of 20.46 and a beta of 1.15.

Pacer US Small Cap Cash Cows Growth Leaders ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 12th. Stockholders of record on Thursday, March 6th were paid a dividend of $0.0289 per share. The ex-dividend date was Thursday, March 6th. This is a positive change from Pacer US Small Cap Cash Cows Growth Leaders ETF’s previous dividend of $0.01.

Hedge Funds Weigh In On Pacer US Small Cap Cash Cows Growth Leaders ETF

A hedge fund recently raised its stake in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Captrust Financial Advisors boosted its position in shares of Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) by 25.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,652 shares of the company’s stock after buying an additional 3,409 shares during the period. Captrust Financial Advisors owned 2.03% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $424,000 at the end of the most recent quarter.

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.