Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Short Interest Down 86.5% in June

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 3,343 shares, a drop of 86.5% from the June 15th total of 24,767 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 5,890 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Storen Legacy Partners LLC acquired a new position in Pacer Swan SOS Moderate (April) ETF during the 4th quarter worth approximately $1,317,000. OLD Mission Capital LLC increased its position in shares of Pacer Swan SOS Moderate (April) ETF by 170.5% in the 4th quarter. OLD Mission Capital LLC now owns 34,096 shares of the company’s stock valued at $1,016,000 after purchasing an additional 21,493 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Pacer Swan SOS Moderate (April) ETF in the 4th quarter valued at $109,000. LPL Financial LLC raised its holdings in shares of Pacer Swan SOS Moderate (April) ETF by 2.2% in the 4th quarter. LPL Financial LLC now owns 43,935 shares of the company’s stock valued at $1,309,000 after purchasing an additional 927 shares in the last quarter. Finally, Susquehanna International Group LLP purchased a new stake in shares of Pacer Swan SOS Moderate (April) ETF during the 3rd quarter worth $2,117,000.

Pacer Swan SOS Moderate (April) ETF Price Performance

Shares of Pacer Swan SOS Moderate (April) ETF stock traded up $0.04 on Friday, reaching $32.34. 244 shares of the company were exchanged, compared to its average volume of 3,529. Pacer Swan SOS Moderate has a 1-year low of $28.36 and a 1-year high of $32.34. The company has a market cap of $106.08 million, a P/E ratio of 25.34 and a beta of 0.48. The stock’s 50 day moving average price is $32.02 and its 200-day moving average price is $30.87.

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.