Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Short Interest Up 110.8% in January

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 130,753 shares, a growth of 110.8% from the December 31st total of 62,035 shares. Based on an average trading volume of 157,361 shares, the short-interest ratio is currently 0.8 days. Currently, 0.4% of the shares of the company are sold short. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 157,361 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of QDPL. West Michigan Advisors LLC raised its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 3.7% during the fourth quarter. West Michigan Advisors LLC now owns 63,026 shares of the company’s stock valued at $2,688,000 after buying an additional 2,262 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 1.2% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 26,955 shares of the company’s stock valued at $1,145,000 after acquiring an additional 310 shares during the period. Farther Finance Advisors LLC bought a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 4th quarter valued at $2,773,000. Sound Income Strategies LLC boosted its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 2,036.6% during the 4th quarter. Sound Income Strategies LLC now owns 8,226 shares of the company’s stock worth $354,000 after acquiring an additional 7,841 shares during the period. Finally, JPMorgan Chase & Co. acquired a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 3rd quarter worth $422,000.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Stock Down 0.7%

Shares of NYSEARCA:QDPL traded down $0.28 during trading on Friday, hitting $42.83. 98,174 shares of the company traded hands, compared to its average volume of 188,696. The business’s fifty day moving average is $42.73 and its 200-day moving average is $41.83. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 25.09 and a beta of 0.88. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a one year low of $31.79 and a one year high of $43.38.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Friday, January 30th will be given a dividend of $0.1452 per share. The ex-dividend date is Friday, January 30th. This represents a $0.58 annualized dividend and a dividend yield of 1.4%.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Company Profile

The Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index based on the stocks in the S&P 500 Index, long S&P Dividend futures and 3-year Treasurys. The objective is to provide 400% of the ordinary yield of the S&P 500 Index in exchange for reduced participation in the price performance. QDPL was launched on Jul 12, 2021 and is managed by Pacer.