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

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 8,351 shares, an increase of 107.0% from the August 31st total of 4,034 shares. Currently, 1.7% of the company’s shares are sold short. Based on an average daily volume of 2,439 shares, the short-interest ratio is presently 3.4 days.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Stock Up 0.2%

Shares of NASDAQ QSIX traded up $0.07 during trading on Tuesday, reaching $43.28. The company had a trading volume of 592 shares, compared to its average volume of 3,207. The stock has a market cap of $21.64 million, a P/E ratio of 33.05 and a beta of 1.24. The company’s fifty day moving average price is $42.15 and its 200-day moving average price is $41.05. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a 12 month low of $33.94 and a 12 month high of $44.34.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Dividend Announcement

The company also recently declared 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 $1.82 dividend on an annualized basis and a dividend yield of 4.2%. 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.