Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) Sees Significant Increase in Short Interest

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF (NYSEARCA:QDPL) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 75,003 shares, a growth of 25.1% from the November 30th total of 59,960 shares. Based on an average trading volume of 134,880 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 134,880 shares, the days-to-cover ratio is currently 0.6 days.

Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF Price Performance

Shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF stock opened at $42.48 on Friday. Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF has a 1 year low of $31.79 and a 1 year high of $43.23. The firm’s 50-day moving average is $42.46 and its 200 day moving average is $41.33. The stock has a market cap of $1.32 billion, a price-to-earnings ratio of 25.09 and a beta of 0.88.

Hedge Funds Weigh In On Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF

Hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its position in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 8.0% in the 1st quarter. NewEdge Advisors LLC now owns 106,326 shares of the company’s stock valued at $3,883,000 after acquiring an additional 7,889 shares in the last quarter. West Michigan Advisors LLC lifted its holdings in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 5.5% during the second quarter. West Michigan Advisors LLC now owns 75,928 shares of the company’s stock valued at $3,034,000 after purchasing an additional 3,982 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 2.8% during the third quarter. Integrated Wealth Concepts LLC now owns 53,230 shares of the company’s stock valued at $2,230,000 after buying an additional 1,435 shares during the last quarter. Baird Financial Group Inc. boosted its position in shares of Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 8.2% during the second quarter. Baird Financial Group Inc. now owns 27,491 shares of the company’s stock valued at $1,085,000 after buying an additional 2,085 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV increased its holdings in Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF by 122.4% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 26,645 shares of the company’s stock worth $1,116,000 after buying an additional 14,667 shares in the last quarter.

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.