Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Short Interest Update

Pacer Swan SOS Flex (April) ETF (BATS:PSFM) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 23,507 shares, an increase of 112.2% from the May 31st total of 11,076 shares. Approximately 3.1% of the shares of the stock are short sold. Based on an average trading volume of 1,993 shares, the days-to-cover ratio is presently 11.8 days.

Pacer Swan SOS Flex (April) ETF Stock Up 0.3%

Shares of BATS PSFM opened at $34.86 on Wednesday. The stock’s fifty day simple moving average is $34.49 and its 200 day simple moving average is $33.00. The stock has a market capitalization of $26.14 million, a price-to-earnings ratio of 24.41 and a beta of 0.61. Pacer Swan SOS Flex has a 52-week low of $29.77 and a 52-week high of $34.88.

Hedge Funds Weigh In On Pacer Swan SOS Flex (April) ETF

An institutional investor recently bought a new stake in Pacer Swan SOS Flex (April) ETF stock. Citadel Advisors LLC acquired a new position in shares of Pacer Swan SOS Flex (April) ETF (BATS:PSFM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,893 shares of the company’s stock, valued at approximately $309,000. Citadel Advisors LLC owned 1.32% of Pacer Swan SOS Flex (April) ETF at the end of the most recent quarter.

Pacer Swan SOS Flex (April) ETF Company Profile

The Pacer Swan SOS Flex (April) ETF (PSFM) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPDR S&P 500 ETF over a specific holdings period. The actively-managed fund holds options and collateral. PSFM was launched on Mar 31, 2021 and is managed by Pacer.