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

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 4,034 shares, an increase of 151.7% from the August 15th total of 1,603 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average daily volume of 1,516 shares, the short-interest ratio is currently 2.7 days.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Trading Down 0.7%

Shares of QSIX traded down $0.30 during midday trading on Monday, hitting $41.74. 3,189 shares of the company’s stock traded hands, compared to its average volume of 3,119. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a 1 year low of $33.94 and a 1 year high of $44.34. The firm’s fifty day moving average is $41.98 and its 200-day moving average is $40.58. The stock has a market capitalization of $18.78 million, a price-to-earnings ratio of 33.05 and a beta of 1.24.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 31st were given a dividend of $0.1516 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, August 31st.

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.