Short Interest in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Rises By 77.8%

Posted by Patrick Bannon on Nov 28th, 2024

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG – Get Free Report) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 4,800 shares, a growth of 77.8% from the October 31st total of 2,700 shares. Based on an average daily trading volume, of 4,400 shares, the short-interest ratio is currently 1.1 days.

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 raised its holdings in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG – Free Report) by 3.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,243 shares of the company’s stock after buying an additional 451 shares during the quarter. Captrust Financial Advisors owned 1.89% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $337,000 as of its most recent SEC filing.

Pacer US Small Cap Cash Cows Growth Leaders ETF Trading Down 0.4 %

CAFG stock traded down $0.10 during trading on Thursday, reaching $27.33. 4,709 shares of the stock were exchanged, compared to its average volume of 5,643. Pacer US Small Cap Cash Cows Growth Leaders ETF has a twelve month low of $21.23 and a twelve month high of $27.78. The company has a market capitalization of $19.13 million, a P/E ratio of 14.84 and a beta of 1.15. The stock has a 50 day simple moving average of $25.81 and a 200-day simple moving average of $24.72.

Pacer US Small Cap Cash Cows Growth Leaders ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Thursday, September 26th were issued a dividend of $0.0139 per share. This represents a $0.06 annualized dividend and a dividend yield of 0.20%. The ex-dividend date was Thursday, September 26th.

Pacer US Small Cap Cash Cows Growth Leaders ETF Company Profile

(Get Free Report)

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.