Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) Shares Shorted: Short Interest Down 69.8% in October

Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 9,160 shares, a decrease of 69.8% from the September 30th total of 30,372 shares. Based on an average daily volume of 464 shares, the short-interest ratio is presently 19.7 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Pacer Swan SOS Moderate (July) ETF stock. Blue Bell Private Wealth Management LLC acquired a new position in shares of Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,750 shares of the company’s stock, valued at approximately $440,000. Blue Bell Private Wealth Management LLC owned approximately 0.51% of Pacer Swan SOS Moderate (July) ETF as of its most recent filing with the Securities and Exchange Commission.

Pacer Swan SOS Moderate (July) ETF Price Performance

PSMJ stock opened at $34.71 on Friday. 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 cap of $86.78 million, a price-to-earnings ratio of 25.18 and a beta of 0.48. The company has a fifty day moving average price of $34.54 and a two-hundred day moving average price of $33.46.

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.