Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) Sees Large Increase in Short Interest

Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 51,027 shares, an increase of 500.8% from the August 31st total of 8,493 shares. Approximately 6.6% of the company’s stock are short sold. Based on an average trading volume of 15,698 shares, the short-interest ratio is currently 3.3 days.

Hedge Funds Weigh In On Pacer Swan SOS Flex (July) ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers increased its stake in shares of Pacer Swan SOS Flex (July) ETF by 9.4% in the first quarter. Cetera Investment Advisers now owns 159,896 shares of the company’s stock worth $5,222,000 after buying an additional 13,676 shares during the period. World Equity Group Inc. boosted its position in Pacer Swan SOS Flex (July) ETF by 58.7% during the 2nd quarter. World Equity Group Inc. now owns 23,066 shares of the company’s stock valued at $811,000 after buying an additional 8,536 shares during the period. Finally, Calton & Associates Inc. bought a new stake in Pacer Swan SOS Flex (July) ETF in the 4th quarter worth $359,000.

Pacer Swan SOS Flex (July) ETF Price Performance

Shares of BATS PSFJ traded up $0.13 during mid-day trading on Friday, reaching $36.18. 22 shares of the company’s stock traded hands, compared to its average volume of 6,635. The business has a 50-day simple moving average of $35.71 and a 200 day simple moving average of $34.80. The stock has a market cap of $28.04 million, a P/E ratio of 25.93 and a beta of 0.59. Pacer Swan SOS Flex has a 1-year low of $32.07 and a 1-year high of $36.23.

About Pacer Swan SOS Flex (July) ETF

The Pacer Swan SOS Flex (July) ETF (PSFJ) 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 the SPDR S&P 500 ETF over a specific holdings period. The actively-managed fund holds options and collateral. PSFJ was launched on Jun 30, 2021 and is managed by Pacer.