Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Short Interest Up 138.1% in August

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 99,629 shares, a growth of 138.1% from the August 15th total of 41,850 shares. Based on an average daily trading volume, of 119,088 shares, the short-interest ratio is presently 0.8 days. Currently, 0.3% of the company’s stock are sold short.

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

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Compass Financial Management LLC purchased a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the second quarter valued at $162,000. Continuum Advisory LLC purchased a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 2nd quarter worth $70,000. Allied Private Wealth LLC purchased a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 2nd quarter worth $46,000. Arkadios Wealth Advisors increased its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 9.9% during the 1st quarter. Arkadios Wealth Advisors now owns 9,039 shares of the company’s stock worth $363,000 after purchasing an additional 813 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 25.9% during the 1st quarter. Sunbelt Securities Inc. now owns 23,198 shares of the company’s stock worth $931,000 after purchasing an additional 4,767 shares during the last quarter.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Performance

QDPL opened at $46.04 on Monday. 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. The firm has a 50 day moving average of $45.98 and a two-hundred day moving average of $44.39. The firm has a market capitalization of $1.73 billion, a PE ratio of 25.09 and a beta of 0.89.

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.