Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Stock Short Interest Falls 93.6%

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 532 shares, a decrease of 93.6% from the September 15th total of 8,351 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 4,572 shares, the days-to-cover ratio is currently 0.1 days.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Stock Up 0.5%

NASDAQ QSIX opened at $43.87 on Friday. The stock has a market capitalization of $21.93 million, a PE ratio of 33.05 and a beta of 1.22. The firm has a 50 day moving average of $42.66 and a two-hundred day moving average of $41.44. 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 declared a monthly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were paid a $0.1494 dividend. This represents a $1.79 annualized dividend and a dividend yield of 4.1%. This is a negative change from Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF’s previous monthly dividend of $0.1516. The ex-dividend date was Wednesday, September 30th.

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.