Pacer Swan SOS Flex (January) ETF (BATS:PSFD – Get Free Report) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 1,190 shares, a drop of 67.4% from the May 14th total of 3,653 shares. Based on an average daily trading volume, of 1,336 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.1% of the company’s shares are sold short.
Pacer Swan SOS Flex (January) ETF Price Performance
Shares of PSFD opened at $39.09 on Thursday. Pacer Swan SOS Flex has a 1-year low of $33.79 and a 1-year high of $39.88. The company has a 50-day moving average of $38.74 and a 200 day moving average of $37.82. The firm has a market capitalization of $59.81 million, a price-to-earnings ratio of 26.65 and a beta of 0.59.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in PSFD. Cetera Investment Advisers increased its position in Pacer Swan SOS Flex (January) ETF by 24.7% during the 4th quarter. Cetera Investment Advisers now owns 8,165 shares of the company’s stock valued at $305,000 after purchasing an additional 1,615 shares during the period. World Equity Group Inc. purchased a new position in Pacer Swan SOS Flex (January) ETF during the 4th quarter valued at about $311,000. Patriot Financial Group Insurance Agency LLC purchased a new position in Pacer Swan SOS Flex (January) ETF during the 1st quarter valued at about $394,000. Signature Equity Partners LLC increased its position in Pacer Swan SOS Flex (January) ETF by 327.1% during the 1st quarter. Signature Equity Partners LLC now owns 12,940 shares of the company’s stock valued at $472,000 after purchasing an additional 9,910 shares during the period. Finally, JPMorgan Chase & Co. purchased a new position in Pacer Swan SOS Flex (January) ETF during the 3rd quarter valued at about $539,000.
Pacer Swan SOS Flex (January) ETF Company Profile
The Pacer Swan SOS Flex (January) ETF (PSFD) 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. PSFD was launched on Dec 22, 2020 and is managed by Pacer.
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