Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Short Interest Up 124.3% in June

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 397 shares, a growth of 124.3% from the June 15th total of 177 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 1,692 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF

A hedge fund recently bought a new position in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF stock. Sound Income Strategies LLC acquired a new stake in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. 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.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Stock Performance

QSIX opened at $41.83 on Friday. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a fifty-two week low of $33.94 and a fifty-two week high of $44.34. The firm has a 50-day moving average of $42.83 and a 200 day moving average of $39.28. The firm has a market cap of $18.82 million, a P/E ratio of 33.05 and a beta of 1.21.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were paid a $0.2145 dividend. The ex-dividend date was Tuesday, June 30th. This is a positive change from Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a yield of 6.2%.

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.