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

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 1,886 shares, a growth of 185.8% from the July 15th total of 660 shares. Based on an average daily trading volume, of 2,006 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the company’s stock are short sold.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Trading Down 0.2%

QSIX stock traded down $0.10 during trading on Friday, hitting $43.09. 405 shares of the company’s stock were exchanged, compared to its average volume of 3,276. The business has a 50-day moving average price of $42.29 and a two-hundred day moving average price of $39.84. The stock has a market capitalization of $19.39 million, a price-to-earnings ratio of 33.05 and a beta of 1.24. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a 52-week low of $33.94 and a 52-week high of $44.34.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 31st were given a dividend of $0.0708 per share. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Friday, July 31st.

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.