Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) Stock Short Interest Drops 55.1%

Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 14,430 shares, a decrease of 55.1% from the September 30th total of 32,122 shares. Currently, 1.9% of the company’s stock are short sold. Based on an average daily volume of 1,196 shares, the days-to-cover ratio is presently 12.1 days.

Pacer Swan SOS Flex (July) ETF Stock Performance

Pacer Swan SOS Flex (July) ETF stock opened at $35.78 on Friday. The stock has a market cap of $27.73 million, a PE ratio of 25.93 and a beta of 0.59. The firm’s 50-day simple moving average is $36.02 and its 200 day simple moving average is $34.71. Pacer Swan SOS Flex has a fifty-two week low of $32.07 and a fifty-two week high of $36.41.

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

A number of large investors have recently made changes to their positions in the stock. Cetera Investment Advisers increased its position in shares of Pacer Swan SOS Flex (July) ETF by 9.4% in the first quarter. Cetera Investment Advisers now owns 159,896 shares of the company’s stock worth $5,222,000 after purchasing an additional 13,676 shares during the last quarter. Blue Bell Private Wealth Management LLC bought a new position in shares of Pacer Swan SOS Flex (July) ETF in the 3rd quarter worth $366,000. World Equity Group Inc. increased its holdings in shares of Pacer Swan SOS Flex (July) ETF by 58.7% in the 2nd quarter. World Equity Group Inc. now owns 23,066 shares of the company’s stock worth $811,000 after buying an additional 8,536 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC raised its position in shares of Pacer Swan SOS Flex (July) ETF by 45.8% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 15,442 shares of the company’s stock valued at $555,000 after buying an additional 4,851 shares in the last quarter.

About Pacer Swan SOS Flex (July) ETF

The Pacer Swan SOS Flex (July) ETF (PSFJ) 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 the SPDR S&P 500 ETF over a specific holdings period. The actively-managed fund holds options and collateral. PSFJ was launched on Jun 30, 2021 and is managed by Pacer.