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

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 6,500 shares, a drop of 31.6% from the November 30th total of 9,500 shares. Based on an average daily trading volume, of 5,600 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Pacer US Small Cap Cash Cows Growth Leaders ETF stock. Captrust Financial Advisors raised its position in shares of Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) by 3.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (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 as of its most recent SEC filing.

Pacer US Small Cap Cash Cows Growth Leaders ETF Stock Performance

NASDAQ:CAFG traded down $0.27 during trading hours on Friday, hitting $25.68. 3,927 shares of the company’s stock traded hands, compared to its average volume of 5,886. The stock’s fifty day moving average price is $26.37 and its two-hundred day moving average price is $25.09. The firm has a market cap of $17.98 million, a P/E ratio of 14.84 and a beta of 1.15. Pacer US Small Cap Cash Cows Growth Leaders ETF has a twelve month low of $22.30 and a twelve month high of $27.78.

Pacer US Small Cap Cash Cows Growth Leaders ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, December 27th will be issued a dividend of $0.0101 per share. The ex-dividend date of this dividend is Friday, December 27th.

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.