Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Stock Short Interest Jumps 176.2%

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 7,815 shares, a growth of 176.2% from the September 15th total of 2,829 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 2,079 shares, the short-interest ratio is presently 3.8 days.

Pacer Swan SOS Moderate (April) ETF Stock Down 0.1%

PSMR stock opened at $33.10 on Wednesday. The business has a fifty day moving average of $32.82 and a two-hundred day moving average of $32.15. The stock has a market cap of $108.57 million, a price-to-earnings ratio of 25.34 and a beta of 0.48. Pacer Swan SOS Moderate has a 52-week low of $28.86 and a 52-week high of $33.12.

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

A hedge fund recently bought a new position in Pacer Swan SOS Moderate (April) ETF stock. Storen Legacy Partners LLC acquired a new position in shares of Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 44,195 shares of the company’s stock, valued at approximately $1,317,000. Pacer Swan SOS Moderate (April) ETF comprises approximately 0.4% of Storen Legacy Partners LLC’s investment portfolio, making the stock its 23rd biggest position. Storen Legacy Partners LLC owned 1.35% of Pacer Swan SOS Moderate (April) ETF at the end of the most recent reporting period.

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.