Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Shares Shorted: Short Interest Down 93.6% in September

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

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

Shares of NASDAQ:QSIX traded up $0.21 during midday trading on Friday, hitting $43.87. 1,035 shares of the stock traded hands, compared to its average volume of 3,107. The business’s 50 day moving average is $42.59 and its two-hundred day moving average is $41.43. The stock has a market capitalization of $21.93 million, a PE ratio of 33.05 and a beta of 1.22. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a one year low of $33.94 and a one year 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. Shareholders of record on Wednesday, September 30th were given a dividend of $0.1494 per share. This represents a $1.79 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, September 30th. This is a negative change from Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF’s previous monthly dividend of $0.1516.

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.