Pacer Swan SOS Flex (January) ETF (BATS:PSFD) Short Interest Update

Pacer Swan SOS Flex (January) ETF (BATS:PSFD) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 1,145 shares, a decline of 70.9% from the June 30th total of 3,932 shares. Based on an average trading volume of 1,043 shares, the short-interest ratio is presently 1.1 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PSFD. Cetera Investment Advisers increased its holdings in Pacer Swan SOS Flex (January) ETF by 24.7% in the 4th quarter. Cetera Investment Advisers now owns 8,165 shares of the company’s stock valued at $305,000 after buying an additional 1,615 shares during the period. Patriot Financial Group Insurance Agency LLC bought a new position in shares of Pacer Swan SOS Flex (January) ETF during the 1st quarter worth about $394,000. Signature Equity Partners LLC boosted its position in shares of Pacer Swan SOS Flex (January) ETF by 327.1% during the 1st quarter. Signature Equity Partners LLC now owns 12,940 shares of the company’s stock valued at $472,000 after acquiring an additional 9,910 shares in the last quarter. World Equity Group Inc. boosted its position in shares of Pacer Swan SOS Flex (January) ETF by 55.6% during the 1st quarter. World Equity Group Inc. now owns 12,969 shares of the company’s stock valued at $473,000 after acquiring an additional 4,634 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Pacer Swan SOS Flex (January) ETF during the 3rd quarter valued at about $539,000.

Pacer Swan SOS Flex (January) ETF Stock Down 0.1%

Shares of PSFD stock traded down $0.03 during mid-day trading on Monday, reaching $39.75. The stock had a trading volume of 1,066 shares, compared to its average volume of 4,237. Pacer Swan SOS Flex has a one year low of $34.87 and a one year high of $40.10. The firm has a market cap of $60.82 million, a PE ratio of 26.65 and a beta of 0.59. The firm’s 50 day simple moving average is $39.70 and its 200 day simple moving average is $38.41.

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.