Short Interest in Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Drops By 74.9%

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 838 shares, a drop of 74.9% from the June 30th total of 3,343 shares. Based on an average daily volume of 456 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.0% of the company’s stock are sold short.

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

A number of institutional investors and hedge funds have recently bought and sold shares of PSMR. Susquehanna International Group LLP purchased a new stake in shares of Pacer Swan SOS Moderate (April) ETF during the third quarter valued at approximately $2,117,000. LPL Financial LLC boosted its stake in shares of Pacer Swan SOS Moderate (April) ETF by 2.2% in the fourth quarter. LPL Financial LLC now owns 43,935 shares of the company’s stock valued at $1,309,000 after purchasing an additional 927 shares during the period. Kestra Advisory Services LLC acquired a new stake in Pacer Swan SOS Moderate (April) ETF during the 4th quarter valued at $109,000. OLD Mission Capital LLC grew its holdings in Pacer Swan SOS Moderate (April) ETF by 170.5% during the 4th quarter. OLD Mission Capital LLC now owns 34,096 shares of the company’s stock valued at $1,016,000 after purchasing an additional 21,493 shares in the last quarter. Finally, Storen Legacy Partners LLC acquired a new stake in Pacer Swan SOS Moderate (April) ETF during the 4th quarter valued at $1,317,000.

Pacer Swan SOS Moderate (April) ETF Price Performance

Shares of BATS PSMR opened at $32.21 on Friday. Pacer Swan SOS Moderate has a 1-year low of $28.50 and a 1-year high of $32.35. The business has a 50-day moving average of $32.11 and a 200-day moving average of $31.04. The company has a market capitalization of $105.65 million, a price-to-earnings ratio of 25.34 and a beta of 0.48.

About Pacer Swan SOS Moderate (April) ETF

The Pacer Swan SOS Moderate (April) ETF (PSMR) 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. PSMR was launched on Mar 31, 2021 and is managed by Pacer.