Short Interest in Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Grows By 112.2%

Pacer Swan SOS Flex (April) ETF (BATS:PSFM) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 23,507 shares, an increase of 112.2% from the May 31st total of 11,076 shares. Approximately 3.1% of the company’s shares are short sold. Based on an average daily volume of 1,993 shares, the days-to-cover ratio is currently 11.8 days.

Institutional Trading of Pacer Swan SOS Flex (April) ETF

A hedge fund recently bought a new position in Pacer Swan SOS Flex (April) ETF stock. Kestra Advisory Services LLC purchased a new stake in Pacer Swan SOS Flex (April) ETF (BATS:PSFM) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,219 shares of the company’s stock, valued at approximately $71,000. Kestra Advisory Services LLC owned 0.30% of Pacer Swan SOS Flex (April) ETF at the end of the most recent quarter.

Pacer Swan SOS Flex (April) ETF Stock Up 0.8%

Shares of Pacer Swan SOS Flex (April) ETF stock opened at $34.77 on Tuesday. The stock has a market cap of $26.08 million, a PE ratio of 24.41 and a beta of 0.61. Pacer Swan SOS Flex has a 12 month low of $29.77 and a 12 month high of $34.88. The business has a fifty day simple moving average of $34.47 and a 200 day simple moving average of $32.98.

Pacer Swan SOS Flex (April) ETF Company Profile

The Pacer Swan SOS Flex (April) ETF (PSFM) 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. PSFM was launched on Mar 31, 2021 and is managed by Pacer.