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 growth in short interest during the month of October. As of October 15th, there was short interest totaling 8,915 shares, a growth 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 currently 0.4 days. Currently, 0.5% of the shares of the company are short sold.

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF Price Performance

Shares of NASDAQ:QQQG opened at $31.22 on Wednesday. The company has a market capitalization of $52.45 million, a P/E ratio of 35.24 and a beta of 1.41. Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF has a 1 year low of $21.58 and a 1 year high of $33.46. The business’s 50 day simple moving average is $31.22 and its 200 day simple moving average is $28.21.

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

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

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF Company Profile

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.