Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (NASDAQ:QQQG) Short Interest Down 72.8% in June

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (NASDAQ:QQQG) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 3,252 shares, a drop of 72.8% from the June 15th total of 11,955 shares. Based on an average daily volume of 22,141 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.5% of the shares of the stock are short sold.

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF Stock Performance

Shares of QQQG stock traded up $0.10 on Friday, reaching $31.95. 20,788 shares of the company were exchanged, compared to its average volume of 8,171. The company has a market cap of $21.09 million, a price-to-earnings ratio of 35.24 and a beta of 1.39. The business has a 50-day moving average price of $30.65 and a 200 day moving average price of $26.37. Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF has a 1 year low of $21.58 and a 1 year high of $33.46.

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

The company also recently disclosed a dividend, which was paid on Monday, June 8th. Investors of record on Thursday, June 4th were issued a $0.0048 dividend. The ex-dividend date was Thursday, June 4th.

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF Company Profile

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.