Short Interest in Pacer Swan SOS Flex (January) ETF (BATS:PSFD) Drops By 70.9%

Pacer Swan SOS Flex (January) ETF (BATS:PSFD) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 1,145 shares, a drop of 70.9% from the June 30th total of 3,932 shares. Based on an average trading volume of 1,043 shares, the short-interest ratio is currently 1.1 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of Pacer Swan SOS Flex (January) ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Cetera Investment Advisers lifted its holdings in shares of Pacer Swan SOS Flex (January) ETF by 24.7% in the fourth 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 in the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new position in shares of Pacer Swan SOS Flex (January) ETF during the first quarter worth about $394,000. Signature Equity Partners LLC boosted its position in shares of Pacer Swan SOS Flex (January) ETF by 327.1% during the first quarter. Signature Equity Partners LLC now owns 12,940 shares of the company’s stock worth $472,000 after buying an additional 9,910 shares during the period. World Equity Group Inc. grew its holdings in shares of Pacer Swan SOS Flex (January) ETF by 55.6% during the first quarter. World Equity Group Inc. now owns 12,969 shares of the company’s stock worth $473,000 after buying an additional 4,634 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new position in shares of Pacer Swan SOS Flex (January) ETF during the third quarter worth about $539,000.

Pacer Swan SOS Flex (January) ETF Trading Up 0.1%

PSFD opened at $39.78 on Friday. The stock has a market capitalization of $60.86 million, a P/E ratio of 26.65 and a beta of 0.59. Pacer Swan SOS Flex has a 12 month low of $34.87 and a 12 month high of $40.10. The firm’s fifty day simple moving average is $39.70 and its 200 day simple moving average is $38.40.

About Pacer Swan SOS Flex (January) ETF

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.