Short Interest in Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) Drops By 99.8%

Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 1 shares, a drop of 99.8% from the June 15th total of 452 shares. Based on an average trading volume of 10,939 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

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

PSFJ traded up $0.10 during trading on Friday, reaching $35.30. The stock had a trading volume of 2,055 shares, compared to its average volume of 4,224. The stock has a 50 day moving average of $34.94 and a two-hundred day moving average of $33.91. The firm has a market capitalization of $27.36 million, a price-to-earnings ratio of 25.93 and a beta of 0.59. Pacer Swan SOS Flex has a 1-year low of $30.97 and a 1-year high of $35.30.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. World Equity Group Inc. acquired a new stake in Pacer Swan SOS Flex (July) ETF during the fourth quarter valued at approximately $312,000. Calton & Associates Inc. bought a new stake in shares of Pacer Swan SOS Flex (July) ETF in the 4th quarter valued at approximately $359,000. OLD Mission Capital LLC raised its holdings in shares of Pacer Swan SOS Flex (July) ETF by 10.0% in the 4th quarter. OLD Mission Capital LLC now owns 44,208 shares of the company’s stock worth $1,466,000 after buying an additional 4,015 shares in the last quarter. Advisory Services Network LLC acquired a new position in shares of Pacer Swan SOS Flex (July) ETF in the 3rd quarter worth approximately $1,628,000. Finally, Cetera Investment Advisers lifted its position in shares of Pacer Swan SOS Flex (July) ETF by 9.4% during the 1st quarter. Cetera Investment Advisers now owns 159,896 shares of the company’s stock worth $5,222,000 after buying an additional 13,676 shares during the period.

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.