Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Shares Shorted: Short Interest Down 37.6% in September

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 62,218 shares, a decrease of 37.6% from the August 31st total of 99,629 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 120,977 shares, the short-interest ratio is currently 0.5 days.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Price Performance

Shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF stock traded down $0.05 during midday trading on Thursday, reaching $45.75. The company had a trading volume of 74,802 shares, compared to its average volume of 159,062. The stock has a fifty day moving average price of $46.14 and a 200 day moving average price of $44.77. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a fifty-two week low of $39.12 and a fifty-two week high of $47.12. The firm has a market cap of $1.80 billion, a PE ratio of 25.09 and a beta of 0.89.

Institutional Trading of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

A number of large investors have recently bought and sold shares of QDPL. BNB Wealth Management LLC bought a new stake in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 4th quarter valued at about $1,267,000. Nations Financial Group Inc. IA ADV raised its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 1.9% during the first quarter. Nations Financial Group Inc. IA ADV now owns 27,469 shares of the company’s stock valued at $1,103,000 after purchasing an additional 514 shares during the period. Arkadios Wealth Advisors boosted its holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 9.9% in the first quarter. Arkadios Wealth Advisors now owns 9,039 shares of the company’s stock worth $363,000 after acquiring an additional 813 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 3.4% in the first quarter. Bank of New York Mellon Corp now owns 15,435 shares of the company’s stock valued at $620,000 after acquiring an additional 512 shares during the period. Finally, Compass Financial Management LLC acquired a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the second quarter worth approximately $162,000.

About Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

The Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (QDPL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index based on the stocks in the S&P 500 Index, long S&P Dividend futures and 3-year Treasurys. The objective is to provide 400% of the ordinary yield of the S&P 500 Index in exchange for reduced participation in the price performance. QDPL was launched on Jul 12, 2021 and is managed by Pacer.