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

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIXGet Free Report) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 291 shares, a decrease of 70.4% from the April 15th total of 983 shares. Based on an average daily volume of 3,714 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors 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 purchased a new stake in Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIXFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 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 Securities and Exchange Commission.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Trading Down 0.8%

NASDAQ QSIX opened at $42.09 on Wednesday. The company has a market cap of $18.94 million, a P/E ratio of 33.05 and a beta of 1.16. The company has a fifty day simple moving average of $37.50 and a 200 day simple moving average of $37.62. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a 12-month low of $32.41 and a 12-month high of $42.44.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 1st. Stockholders of record on Thursday, April 30th were issued a dividend of $0.073 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Thursday, April 30th.

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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