Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) Short Interest Down 46.5% in March

Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 6,800 shares, a decrease of 46.5% from the February 28th total of 12,700 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily volume of 10,300 shares, the days-to-cover ratio is currently 0.7 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 grew its stake in Pacer US Small Cap Cash Cows Growth Leaders ETF (NASDAQ:CAFG) by 3.5% in the third quarter, according to the company in 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 buying an additional 451 shares during the period. Captrust Financial Advisors owned approximately 1.89% of Pacer US Small Cap Cash Cows Growth Leaders ETF worth $337,000 at the end of the most recent reporting period.

Pacer US Small Cap Cash Cows Growth Leaders ETF Stock Performance

Shares of CAFG stock opened at $23.43 on Friday. The company has a market capitalization of $19.21 million, a PE ratio of 19.37 and a beta of 1.15. Pacer US Small Cap Cash Cows Growth Leaders ETF has a 52-week low of $22.30 and a 52-week high of $27.78. The business’s fifty day moving average is $24.95 and its 200 day moving average is $25.54.

Pacer US Small Cap Cash Cows Growth Leaders ETF Increases Dividend

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

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.