Short Interest in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Grows By 185.8%

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) was the target of a large growth in short interest in 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 shares of the stock are sold short.

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

NASDAQ:QSIX opened at $43.09 on Friday. The business’s 50-day simple moving average is $42.29 and its two-hundred day simple moving average is $39.84. The stock has a market cap of $19.39 million, a PE 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 firm also recently announced a monthly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 31st were given a dividend of $0.0708 per share. The ex-dividend date was Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 2.0%.

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.