Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (NASDAQ:QSIX – Get Free Report) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 374 shares, a drop of 62.2% from the May 14th total of 990 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 1,388 shares, the days-to-cover ratio is presently 0.3 days.
Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Price Performance
NASDAQ:QSIX traded up $0.23 during mid-day trading on Friday, reaching $42.94. The stock had a trading volume of 1,366 shares, compared to its average volume of 3,790. The stock has a 50-day simple moving average of $40.70 and a two-hundred day simple moving average of $38.44. The stock has a market capitalization of $19.32 million, a PE ratio of 33.05 and a beta of 1.21. Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF has a 12 month low of $33.38 and a 12 month high of $44.34.
Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Increases Dividend
The company also recently disclosed a monthly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 29th were paid a $0.1312 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. This is a positive change from Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Friday, May 29th.
Institutional Trading of Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF
Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF Company Profile
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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