Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Sees Significant Decrease in Short Interest

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 6,800 shares, a decline of 46.5% from the February 28th total of 12,700 shares. Based on an average daily trading volume, of 10,300 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.8% of the shares of the stock are short sold.

Institutional Trading of 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 grew its holdings in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) by 25.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,652 shares of the company’s stock after purchasing an additional 3,409 shares during the quarter. Captrust Financial Advisors owned about 2.03% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $424,000 as of its most recent filing with the SEC.

Pacer US Small Cap Cash Cows Growth Leaders ETF Stock Down 2.0 %

NASDAQ:CAFG traded down $0.47 during trading hours on Friday, reaching $23.43. 7,486 shares of the company’s stock were exchanged, compared to its average volume of 7,112. The company has a market capitalization of $19.21 million, a P/E ratio of 19.37 and a beta of 1.15. The business’s 50-day simple moving average is $24.95 and its two-hundred day simple moving average is $25.53. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 12 month low of $22.30 and a 12 month high of $27.78.

Pacer US Small Cap Cash Cows Growth Leaders ETF Increases Dividend

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

Pacer US Small Cap Cash Cows Growth Leaders ETF Company Profile

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.