Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Sees Large Increase in Short Interest

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 122,032 shares, a growth of 108.0% from the July 30th total of 58,661 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 45,977 shares, the days-to-cover ratio is presently 2.7 days.

Hedge Funds Weigh In On Pacer Swan SOS Fund of Funds ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Geneos Wealth Management Inc. purchased a new position in shares of Pacer Swan SOS Fund of Funds ETF during the second quarter valued at approximately $44,000. International Assets Investment Management LLC purchased a new stake in shares of Pacer Swan SOS Fund of Funds ETF in the 4th quarter worth approximately $78,000. Fifth Third Bancorp purchased a new stake in shares of Pacer Swan SOS Fund of Funds ETF in the 1st quarter worth approximately $80,000. Sunbelt Securities Inc. bought a new position in Pacer Swan SOS Fund of Funds ETF during the 3rd quarter valued at approximately $133,000. Finally, RFG Advisory LLC increased its position in Pacer Swan SOS Fund of Funds ETF by 35.3% during the 4th quarter. RFG Advisory LLC now owns 8,891 shares of the company’s stock valued at $287,000 after buying an additional 2,318 shares in the last quarter.

Pacer Swan SOS Fund of Funds ETF Price Performance

Shares of BATS PSFF opened at $34.99 on Friday. Pacer Swan SOS Fund of Funds ETF has a 1 year low of $30.94 and a 1 year high of $35.09. The stock has a market cap of $553.89 million, a P/E ratio of 24.86 and a beta of 0.47. The firm has a 50-day moving average of $34.53 and a 200 day moving average of $33.59.

Pacer Swan SOS Fund of Funds ETF Company Profile

The Pacer Swan SOS Fund of Funds ETF (PSFF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds of Pacer Swan SOS ETFs that provide exposure to US securities while limiting downside risk with buffers and caps over one year. PSFF was launched on Dec 29, 2020 and is managed by Pacer.