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

by · The Markets Daily

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX – Get Free Report) was the recipient of a significant increase in short interest in the month of 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. Based on an average daily volume of 1,516 shares, the days-to-cover ratio is presently 2.7 days. Currently, 0.9% of the company’s shares are sold short.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Stock Performance

Shares of QSIX stock opened at $42.04 on Friday. The firm has a market capitalization of $18.92 million, a price-to-earnings ratio of 33.05 and a beta of 1.24. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a one year low of $33.94 and a one year high of $44.34. The company has a 50 day moving average price of $42.01 and a 200 day moving average price of $40.51.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 31st were issued a dividend of $0.1516 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, August 31st.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Company Profile

(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.

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