Short Interest in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Decreases By 62.2%

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 374 shares, a decrease of 62.2% from the May 14th total of 990 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,388 shares, the days-to-cover ratio is currently 0.3 days.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Trading Up 0.5%

QSIX traded up $0.23 on Friday, hitting $42.94. 1,366 shares of the company’s stock were exchanged, compared to its average volume of 3,790. The firm has a market cap of $19.32 million, a PE ratio of 33.05 and a beta of 1.21. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a twelve month low of $33.38 and a twelve month high of $44.34. The stock has a fifty day moving average of $40.55 and a two-hundred day moving average of $38.41.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 29th were given a dividend of $0.1312 per share. This is an increase from Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Friday, May 29th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF stock. Sound Income Strategies LLC bought a new position in shares of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.