Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) Shares Shorted: Short Interest Down 58.2% in September

Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 30,372 shares, a decline of 58.2% from the September 15th total of 72,601 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average daily volume of 8,674 shares, the days-to-cover ratio is currently 3.5 days.

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

An institutional investor recently raised its position in Pacer Swan SOS Moderate (July) ETF stock. Ameritas Advisory Services LLC raised its stake in shares of Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) by 33.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,300 shares of the company’s stock after acquiring an additional 3,300 shares during the period. Ameritas Advisory Services LLC owned approximately 0.53% of Pacer Swan SOS Moderate (July) ETF worth $450,000 as of its most recent SEC filing.

Pacer Swan SOS Moderate (July) ETF Stock Performance

Shares of BATS:PSMJ opened at $34.85 on Tuesday. The company has a 50-day simple moving average of $34.49 and a 200-day simple moving average of $33.75. Pacer Swan SOS Moderate has a one year low of $31.27 and a one year high of $34.90. The stock has a market capitalization of $87.12 million, a price-to-earnings ratio of 25.18 and a beta of 0.48.

About Pacer Swan SOS Moderate (July) ETF

The Pacer Swan SOS Moderate (July) ETF (PSMJ) 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. PSMJ was launched on Jun 30, 2021 and is managed by Pacer.