Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Short Interest Up 240.2% in May

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 990 shares, a growth of 240.2% from the April 30th total of 291 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 1,223 shares, the short-interest ratio is currently 0.8 days.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Stock Performance

Shares of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF stock remained flat at $43.87 during trading hours on Friday. The stock had a trading volume of 918 shares, compared to its average volume of 4,043. The stock has a fifty day moving average of $38.99 and a 200 day moving average of $38.00. The stock has a market cap of $19.74 million, a P/E ratio of 33.05 and a beta of 1.16. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a 12 month low of $32.73 and a 12 month high of $43.91.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Cuts Dividend

The firm also recently announced 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 2.0%. The ex-dividend date of this dividend was Thursday, April 30th.

Hedge Funds Weigh In On Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF

A hedge fund recently bought a new stake in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF stock. Sound Income Strategies LLC purchased a new position in shares of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 873 shares of the company’s stock, valued at approximately $33,000. Sound Income Strategies LLC owned approximately 0.25% of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF at the end of the most recent quarter.

About Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF

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.