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

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 291 shares, a decrease of 70.4% from the April 15th total of 983 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 3,714 shares, the short-interest ratio is presently 0.1 days.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Stock Down 1.4%

Shares of QSIX stock traded down $0.59 during trading on Friday, hitting $42.21. The company had a trading volume of 1,755 shares, compared to its average volume of 4,267. The stock’s 50-day moving average is $37.84 and its two-hundred day moving average is $37.72. The stock has a market capitalization of $18.99 million, a price-to-earnings ratio of 33.05 and a beta of 1.16. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a 52 week low of $32.41 and a 52 week high of $42.87.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 1st. Investors of record on Thursday, April 30th were given a $0.073 dividend. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Thursday, April 30th.

Hedge Funds Weigh In On Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF

A hedge fund recently bought a new stake in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF stock. Sound Income Strategies LLC acquired a new stake in shares of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 873 shares of the company’s stock, valued at approximately $33,000. Sound Income Strategies LLC owned about 0.25% of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF at the end of the most recent quarter.

About Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF

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.