Short Interest in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Declines By 61.7%

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 41,850 shares, a decline of 61.7% from the July 30th total of 109,291 shares. Based on an average daily volume of 130,384 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

Several large investors have recently modified their holdings of the company. Allied Private Wealth LLC acquired a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the 2nd quarter valued at $46,000. EverSource Wealth Advisors LLC acquired a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 2nd quarter worth $59,000. Continuum Advisory LLC bought a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the second quarter valued at about $70,000. Compass Financial Management LLC bought a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the second quarter valued at about $162,000. Finally, Ameriprise Financial Inc. acquired a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the third quarter valued at about $202,000.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Trading Down 0.3%

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF stock traded down $0.16 during trading hours on Friday, reaching $46.51. 87,830 shares of the company were exchanged, compared to its average volume of 163,660. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 25.09 and a beta of 0.89. The stock has a 50-day moving average of $45.77 and a 200 day moving average of $44.11. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a 12 month low of $39.12 and a 12 month high of $47.12.

About Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

The Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index based on the stocks in the S&P 500 Index, long S&P Dividend futures and 3-year Treasurys. The objective is to provide 400% of the ordinary yield of the S&P 500 Index in exchange for reduced participation in the price performance. QDPL was launched on Jul 12, 2021 and is managed by Pacer.