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

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (NASDAQ:QQQGGet Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 3,252 shares, a decrease of 72.8% from the June 15th total of 11,955 shares. Based on an average daily volume of 22,141 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.5% of the shares of the stock are short sold.

Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF Trading Up 0.3%

QQQG stock traded up $0.10 during midday trading on Friday, reaching $31.95. The stock had a trading volume of 20,788 shares, compared to its average volume of 8,171. The company’s fifty day simple moving average is $30.65 and its 200 day simple moving average is $26.37. The company has a market cap of $21.09 million, a price-to-earnings ratio of 35.24 and a beta of 1.39. Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF has a 52-week low of $21.58 and a 52-week high of $33.46.

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

The firm also recently announced a dividend, which was paid on Monday, June 8th. Stockholders 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.

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

(Get Free Report)

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.

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