Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) Shares Shorted: Short Interest Up 107.0% in September

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX) saw a large increase in short interest in 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. Approximately 1.7% of the company’s stock 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 Performance

NASDAQ:QSIX opened at $43.28 on Wednesday. The firm has a market cap of $21.64 million, a P/E ratio of 33.05 and a beta of 1.24. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a fifty-two week low of $33.94 and a fifty-two week high of $44.34. The firm has a 50-day simple moving average of $42.15 and a two-hundred day simple moving average of $41.05.

Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th will be paid a $0.1494 dividend. This is a drop from Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF’s previous monthly dividend of $0.1516. This represents a $1.79 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Wednesday, September 30th.

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.