Short Interest in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Rises By 124.3%

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIXGet Free Report) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 397 shares, a growth of 124.3% from the June 15th total of 177 shares. Based on an average daily volume of 1,692 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

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

QSIX stock opened at $42.38 on Wednesday. The company’s 50 day moving average is $42.79 and its 200 day moving average is $39.23. The stock has a market cap of $19.07 million, a price-to-earnings ratio of 33.05 and a beta of 1.21. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a 1-year low of $33.94 and a 1-year high of $44.34.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were paid a $0.2145 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 6.1%. This is a boost from Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF’s previous monthly dividend of $0.13.

Hedge Funds Weigh In On 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 shares of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIXFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm 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 filing with the SEC.

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.

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