Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Short Interest Update

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 41,850 shares, a decrease of 61.7% from the July 30th total of 109,291 shares. Based on an average daily trading volume, of 130,384 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Allied Private Wealth LLC purchased a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the second quarter valued at $46,000. EverSource Wealth Advisors LLC purchased a new position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the 2nd quarter valued at about $59,000. Continuum Advisory LLC bought a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the second quarter worth about $70,000. Compass Financial Management LLC purchased a new stake in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF in the second quarter worth about $162,000. Finally, Ameriprise Financial Inc. bought a new position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF during the third quarter valued at approximately $202,000.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Price Performance

QDPL traded down $0.17 on Friday, hitting $46.50. The company had a trading volume of 114,577 shares, compared to its average volume of 163,859. The stock has a fifty day simple moving average of $45.78 and a 200-day simple moving average of $44.13. The firm has a market capitalization of $1.75 billion, a P/E ratio of 25.09 and a beta of 0.89. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a 52-week low of $39.12 and a 52-week high of $47.12.

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.