Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Short Interest Down 62.2% in May

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIXGet Free Report) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 374 shares, a decrease of 62.2% from the May 14th total of 990 shares. Based on an average daily trading volume, of 1,388 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

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

Shares of QSIX traded up $0.23 during trading hours on Friday, reaching $42.94. The stock had a trading volume of 1,366 shares, compared to its average volume of 3,790. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a 52 week low of $33.38 and a 52 week high of $44.34. The firm has a 50-day moving average of $40.70 and a 200 day moving average of $38.44. The company has a market cap of $19.32 million, a P/E ratio of 33.05 and a beta of 1.21.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 29th were given a $0.1312 dividend. The ex-dividend date was Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. This is an increase from Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF’s previous monthly dividend of $0.07.

Institutional Trading of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF

A hedge fund recently bought a new stake in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF stock. Sound Income Strategies LLC acquired a new stake in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIXFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 873 shares of the company’s stock, valued at approximately $33,000. Sound Income Strategies LLC owned approximately 0.25% of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF as of its most recent SEC filing.

About Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF

(Get Free Report)

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.

Further Reading

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