Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (NASDAQ:QQQG) Sees Large Decline in Short Interest

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (NASDAQ:QQQG) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 8,256 shares, a decrease of 90.0% from the May 14th total of 82,203 shares. Currently, 2.0% of the shares of the company are sold short. Based on an average trading volume of 9,109 shares, the days-to-cover ratio is presently 0.9 days.

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF Trading Down 0.1%

NASDAQ:QQQG traded down $0.04 during mid-day trading on Wednesday, hitting $30.13. The company’s stock had a trading volume of 7,021 shares, compared to its average volume of 6,106. The company has a market capitalization of $12.65 million, a price-to-earnings ratio of 35.24 and a beta of 1.46. Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF has a fifty-two week low of $21.58 and a fifty-two week high of $32.07. The stock has a fifty day moving average of $27.37 and a 200-day moving average of $25.14.

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, June 8th. Investors of record on Thursday, June 4th were issued a dividend of $0.0048 per share. The ex-dividend date of this dividend was Thursday, June 4th.

About Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF

The Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (QQQG) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the top 50 US large-cap growth stocks screened from the Nasdaq-100 components for above average free cash-flow. Holdings are weighted by their price momentum score. QQQG was launched on Aug 19, 2024 and is issued by Pacer.