Short Interest in Pacer Swan SOS Flex (January) ETF (BATS:PSFD) Increases By 77.6%

Pacer Swan SOS Flex (January) ETF (BATS:PSFD) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 2,034 shares, a growth of 77.6% from the July 15th total of 1,145 shares. Based on an average daily volume of 526 shares, the days-to-cover ratio is presently 3.9 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of Pacer Swan SOS Flex (January) ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers raised its position in Pacer Swan SOS Flex (January) ETF by 24.7% in the fourth quarter. Cetera Investment Advisers now owns 8,165 shares of the company’s stock worth $305,000 after acquiring an additional 1,615 shares during the period. Patriot Financial Group Insurance Agency LLC purchased a new stake in shares of Pacer Swan SOS Flex (January) ETF in the 1st quarter worth $394,000. Signature Equity Partners LLC increased its stake in shares of Pacer Swan SOS Flex (January) ETF by 327.1% in the 1st quarter. Signature Equity Partners LLC now owns 12,940 shares of the company’s stock worth $472,000 after purchasing an additional 9,910 shares in the last quarter. World Equity Group Inc. raised its stake in shares of Pacer Swan SOS Flex (January) ETF by 55.6% in the first quarter. World Equity Group Inc. now owns 12,969 shares of the company’s stock worth $473,000 after buying an additional 4,634 shares during the period. Finally, JPMorgan Chase & Co. bought a new stake in Pacer Swan SOS Flex (January) ETF during the 3rd quarter worth approximately $539,000.

Pacer Swan SOS Flex (January) ETF Price Performance

Shares of BATS:PSFD opened at $40.76 on Monday. The firm’s 50 day moving average price is $39.93 and its 200-day moving average price is $38.69. Pacer Swan SOS Flex has a twelve month low of $35.34 and a twelve month high of $40.76. The stock has a market capitalization of $62.36 million, a PE ratio of 26.65 and a beta of 0.59.

About Pacer Swan SOS Flex (January) ETF

The Pacer Swan SOS Flex (January) ETF (PSFD) 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. PSFD was launched on Dec 22, 2020 and is managed by Pacer.