COWZ Short Interest

Pacer US Cash Cows 100 ETF (COWZ) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $18.10B, listed on CBOE, carrying a beta of 0.70 to the broader market. A strategy driven exchange traded fund that aims to provide capital appreciation over time by screening the Russell 1000 for the top 100 companies based on free cash flow yield. public since 2016-12-22.

Short interest is the total number of shares currently sold short and not yet covered, reported bi-monthly by FINRA. Days to cover (short interest divided by average daily volume) indicates how long it would take short sellers to close positions, with higher values signaling greater squeeze potential.

Settlement Date
2026-04-30
Short Interest
263.3K
Previous Short Interest
169.5K
Change
55.32%
Days to Cover
1.00
Avg Daily Volume
1.1M
Avg Days to Cover (24 reports)
1.00

Showing 24 bi-monthly FINRA short interest reports for Pacer US Cash Cows 100 ETF.

Learn how short interest is reported and how to read the data →

Frequently asked COWZ short interest questions

What is the current COWZ short interest?
As of the Apr 30, 2026 settlement, Pacer US Cash Cows 100 ETF (COWZ) short interest is 263.3K shares, a +55.32% change from the prior period. FINRA publishes short interest twice monthly on the 15th and last business day of each month under Rule 4560.
What is the COWZ days-to-cover ratio?
Days-to-cover is 1.00, calculated as short interest divided by average daily volume. It estimates how many trading days closing all short positions would consume given typical liquidity. Values above 5 days are commonly cited as elevated; values above 10 days are squeeze-relevant.
How does COWZ short interest affect options pricing?
High short interest changes options pricing through three mechanics: borrow-rebate effects (synthetic long stock trades below frictionless put-call parity by approximately the borrow rebate when shares are hard-to-borrow), gamma-squeeze setup risk (if dealers are short gamma against retail call buying, dealer hedge flow can amplify upward moves), and elevated event-vol pricing on names with squeeze potential. See the canonical short-interest documentation for the full mechanism.