Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (NASDAQ:QQQG) Sees Significant Increase in Short Interest

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (NASDAQ:QQQG) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 8,915 shares, a growth of 340.9% from the September 30th total of 2,022 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 22,734 shares, the short-interest ratio is presently 0.4 days.

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF Trading Down 3.5%

Shares of NASDAQ QQQG traded down $1.11 during trading on Thursday, reaching $30.36. The company had a trading volume of 21,932 shares, compared to its average volume of 15,810. Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF has a twelve month low of $21.58 and a twelve month high of $33.46. The stock has a market capitalization of $51.00 million, a PE ratio of 35.24 and a beta of 1.41. The stock has a 50-day moving average price of $31.23 and a two-hundred day moving average price of $28.24.

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Thursday, September 3rd were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Thursday, September 3rd.

About Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF

The Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (QQQG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the top 50 US large-cap growth stocks screened from the Nasdaq-100 components for above average free cash-flow. Holdings are weighted by their price momentum score. QQQG was launched on Aug 19, 2024 and is issued by Pacer.