Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (NASDAQ:QQQG) Stock Short Interest Jumps 340.9%

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (NASDAQ:QQQG) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 8,915 shares, an increase of 340.9% from the September 30th total of 2,022 shares. Based on an average daily volume of 22,734 shares, the short-interest ratio is presently 0.4 days. Currently, 0.5% of the company’s stock are short sold.

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF Stock Down 2.8%

Shares of Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF stock opened at $30.58 on Friday. The company has a market cap of $55.66 million, a price-to-earnings ratio of 35.24 and a beta of 1.41. Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF has a twelve month low of $21.58 and a twelve month high of $33.46. The company’s 50 day moving average is $31.22 and its 200 day moving average is $28.27.

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

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Thursday, September 3rd were given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Thursday, September 3rd.

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.