Pacer Swan SOS Moderate (October) ETF (BATS:PSMO) Stock Short Interest Declines 97.5%

Pacer Swan SOS Moderate (October) ETF (BATS:PSMO) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 269 shares, a drop of 97.5% from the August 31st total of 10,645 shares. Based on an average daily volume of 2,685 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Pacer Swan SOS Moderate (October) ETF Price Performance

Pacer Swan SOS Moderate (October) ETF stock remained flat at $33.51 during mid-day trading on Thursday. 2,834 shares of the company were exchanged, compared to its average volume of 2,294. Pacer Swan SOS Moderate has a 52 week low of $29.68 and a 52 week high of $33.53. The company’s 50 day moving average price is $33.09 and its 200-day moving average price is $32.17. The firm has a market cap of $113.26 million, a P/E ratio of 24.78 and a beta of 0.40.

Hedge Funds Weigh In On Pacer Swan SOS Moderate (October) ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PSMO. Pacer Advisors Inc. increased its holdings in shares of Pacer Swan SOS Moderate (October) ETF by 38.3% in the 4th quarter. Pacer Advisors Inc. now owns 2,800,433 shares of the company’s stock worth $86,134,000 after purchasing an additional 775,658 shares in the last quarter. Swan Global Investments LLC boosted its position in shares of Pacer Swan SOS Moderate (October) ETF by 34.2% during the fourth quarter. Swan Global Investments LLC now owns 2,800,433 shares of the company’s stock valued at $86,141,000 after buying an additional 713,367 shares during the last quarter. Independent Financial Group LLC purchased a new stake in shares of Pacer Swan SOS Moderate (October) ETF during the first quarter valued at $549,000. Storen Legacy Partners LLC bought a new stake in Pacer Swan SOS Moderate (October) ETF in the 4th quarter worth about $377,000. Finally, Cetera Investment Advisers raised its position in Pacer Swan SOS Moderate (October) ETF by 1.0% in the 1st quarter. Cetera Investment Advisers now owns 42,941 shares of the company’s stock worth $1,296,000 after buying an additional 437 shares during the last quarter.

About Pacer Swan SOS Moderate (October) ETF

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.