Short Interest in Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Rises By 1,297.3%

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 68,566 shares, a growth of 1,297.3% from the April 30th total of 4,907 shares. Based on an average daily volume of 9,186 shares, the days-to-cover ratio is presently 7.5 days. Approximately 2.1% of the shares of the stock are sold short.

Pacer Swan SOS Moderate (April) ETF Price Performance

Shares of PSMR stock traded up $0.01 during trading hours on Wednesday, hitting $32.04. The stock had a trading volume of 118 shares, compared to its average volume of 3,529. Pacer Swan SOS Moderate has a one year low of $27.42 and a one year high of $32.06. The stock’s 50-day moving average price is $31.15 and its two-hundred day moving average price is $30.28. The stock has a market capitalization of $105.09 million, a price-to-earnings ratio of 25.34 and a beta of 0.48.

Institutional Investors Weigh In On Pacer Swan SOS Moderate (April) ETF

Several large investors have recently made changes to their positions in PSMR. Susquehanna International Group LLP bought a new stake in shares of Pacer Swan SOS Moderate (April) ETF in the third quarter worth about $2,117,000. LPL Financial LLC increased its holdings in shares of Pacer Swan SOS Moderate (April) ETF by 2.2% in the fourth quarter. LPL Financial LLC now owns 43,935 shares of the company’s stock worth $1,309,000 after purchasing an additional 927 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Pacer Swan SOS Moderate (April) ETF in the fourth quarter worth about $109,000. OLD Mission Capital LLC increased its holdings in shares of Pacer Swan SOS Moderate (April) ETF by 170.5% in the fourth quarter. OLD Mission Capital LLC now owns 34,096 shares of the company’s stock worth $1,016,000 after purchasing an additional 21,493 shares during the last quarter. Finally, Storen Legacy Partners LLC bought a new stake in Pacer Swan SOS Moderate (April) ETF during the fourth quarter worth approximately $1,317,000.

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.