Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (NASDAQ:QQQG) Sees Significant Decline in Short Interest

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (NASDAQ:QQQG) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 8,256 shares, a drop of 90.0% from the May 14th total of 82,203 shares. Based on an average daily volume of 9,109 shares, the days-to-cover ratio is currently 0.9 days. Currently, 2.0% of the company’s stock are sold short.

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF Trading Up 4.5%

QQQG stock traded up $1.33 during midday trading on Thursday, hitting $30.96. 9,399 shares of the company’s stock were exchanged, compared to its average volume of 6,375. The firm has a 50 day moving average price of $27.53 and a 200-day moving average price of $25.18. Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF has a 12-month low of $21.58 and a 12-month high of $32.07. The stock has a market capitalization of $13.00 million, a price-to-earnings ratio of 35.24 and a beta of 1.46.

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, June 8th. Shareholders of record on Thursday, June 4th were given a $0.0048 dividend. The ex-dividend date of this dividend was Thursday, June 4th.

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF Company Profile

The Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (QQQG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the top 50 US large-cap growth stocks screened from the Nasdaq-100 components for above average free cash-flow. Holdings are weighted by their price momentum score. QQQG was launched on Aug 19, 2024 and is issued by Pacer.