Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Sees Significant Decline in Short Interest

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 291 shares, a decline of 70.4% from the April 15th total of 983 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 3,714 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF

An institutional investor recently bought a new position in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF stock. Sound Income Strategies LLC acquired a new position in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 873 shares of the company’s stock, valued at approximately $33,000. Sound Income Strategies LLC owned 0.25% of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF at the end of the most recent reporting period.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Stock Down 0.8%

Shares of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF stock opened at $42.09 on Wednesday. The stock has a market cap of $18.94 million, a price-to-earnings ratio of 33.05 and a beta of 1.16. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a twelve month low of $32.41 and a twelve month high of $42.44. The company’s fifty day moving average is $37.50 and its 200 day moving average is $37.62.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 1st. Shareholders of record on Thursday, April 30th were given a $0.073 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Thursday, April 30th.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Company Profile

The Pacer Metaurus Nasdaq 100 Dividend Multiplier 600 ETF (QSIX) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index composed of the stocks in the Nasdaq-100 Index, long positions in Nasdaq 100 Dividend futures, and US Treasurys. The objective is to provide 600% of the ordinary yield of the Nasdaq-100 Index in exchange for reduced participation in its price performance. QSIX was launched on Sep 23, 2024 and is issued by Pacer.