Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Short Interest Down 96.6% in August

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 63 shares, a drop of 96.6% from the July 30th total of 1,839 shares. Based on an average daily volume of 113 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC bought a new stake in shares of Pacer Swan SOS Moderate (April) ETF in the 4th quarter valued at about $109,000. OLD Mission Capital LLC increased its holdings in shares of Pacer Swan SOS Moderate (April) ETF by 170.5% during the fourth quarter. OLD Mission Capital LLC now owns 34,096 shares of the company’s stock valued at $1,016,000 after acquiring an additional 21,493 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Pacer Swan SOS Moderate (April) ETF by 2.2% during the fourth quarter. LPL Financial LLC now owns 43,935 shares of the company’s stock valued at $1,309,000 after buying an additional 927 shares during the last quarter. Storen Legacy Partners LLC bought a new position in shares of Pacer Swan SOS Moderate (April) ETF in the fourth quarter valued at approximately $1,317,000. Finally, Susquehanna International Group LLP purchased a new stake in shares of Pacer Swan SOS Moderate (April) ETF in the third quarter valued at about $2,117,000.

Pacer Swan SOS Moderate (April) ETF Price Performance

BATS:PSMR traded up $0.03 during trading hours on Tuesday, reaching $32.71. 760 shares of the stock were exchanged, compared to its average volume of 3,078. The firm has a 50 day moving average of $32.34 and a 200 day moving average of $31.44. Pacer Swan SOS Moderate has a twelve month low of $28.84 and a twelve month high of $32.72. The stock has a market cap of $107.29 million, a PE ratio of 25.34 and a beta of 0.48.

Pacer Swan SOS Moderate (April) ETF Company Profile

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.