Pacer Swan SOS Moderate (October) ETF (BATS:PSMO) Sees Significant Growth in Short Interest

Pacer Swan SOS Moderate (October) ETF (BATS:PSMO) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 2,662 shares, an increase of 274.9% from the June 15th total of 710 shares. Based on an average trading volume of 1,407 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Pacer Swan SOS Moderate (October) ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Orion Capital Management LLC purchased a new stake in shares of Pacer Swan SOS Moderate (October) ETF during the fourth quarter valued at $37,000. Advisory Services Network LLC purchased a new position in Pacer Swan SOS Moderate (October) ETF in the 3rd quarter worth $103,000. Socha Financial Group LLC acquired a new stake in Pacer Swan SOS Moderate (October) ETF during the 4th quarter worth about $218,000. Allie Family Office LLC acquired a new stake in Pacer Swan SOS Moderate (October) ETF during the 4th quarter worth about $368,000. Finally, Storen Legacy Partners LLC acquired a new position in shares of Pacer Swan SOS Moderate (October) ETF in the fourth quarter valued at about $377,000.

Pacer Swan SOS Moderate (October) ETF Stock Up 0.1%

Shares of Pacer Swan SOS Moderate (October) ETF stock traded up $0.04 during midday trading on Friday, hitting $32.73. The company had a trading volume of 2,213 shares, compared to its average volume of 2,492. The company has a fifty day simple moving average of $32.31 and a 200 day simple moving average of $31.36. The stock has a market cap of $110.63 million, a price-to-earnings ratio of 24.78 and a beta of 0.40. Pacer Swan SOS Moderate has a 12-month low of $29.02 and a 12-month high of $32.73.

Pacer Swan SOS Moderate (October) ETF Company Profile

The Pacer Swan SOS Moderate (October) ETF (PSMO) is an exchange-traded fund that mostly invests in large cap equity. 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. PSMO was launched on Sep 30, 2021 and is managed by Pacer.