Short Interest in Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) Expands By 638.9%

Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 60,018 shares, a growth of 638.9% from the July 15th total of 8,123 shares. Currently, 7.7% of the shares of the company are sold short. Based on an average daily volume of 11,582 shares, the days-to-cover ratio is currently 5.2 days.

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

Shares of BATS PSFJ opened at $35.94 on Thursday. Pacer Swan SOS Flex has a 12-month low of $31.54 and a 12-month high of $36.00. The company has a market cap of $27.85 million, a price-to-earnings ratio of 25.93 and a beta of 0.59. The stock’s 50 day simple moving average is $35.19 and its 200 day simple moving average is $34.24.

Institutional Investors Weigh In On Pacer Swan SOS Flex (July) ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. World Equity Group Inc. grew its position in shares of Pacer Swan SOS Flex (July) ETF by 58.7% during the second quarter. World Equity Group Inc. now owns 23,066 shares of the company’s stock worth $811,000 after acquiring an additional 8,536 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Pacer Swan SOS Flex (July) ETF by 9.4% in the 1st quarter. Cetera Investment Advisers now owns 159,896 shares of the company’s stock worth $5,222,000 after acquiring an additional 13,676 shares during the period. OLD Mission Capital LLC lifted its position in Pacer Swan SOS Flex (July) ETF by 10.0% in the 4th quarter. OLD Mission Capital LLC now owns 44,208 shares of the company’s stock valued at $1,466,000 after purchasing an additional 4,015 shares during the last quarter. Advisory Services Network LLC bought a new stake in Pacer Swan SOS Flex (July) ETF in the 3rd quarter valued at about $1,628,000. Finally, Calton & Associates Inc. acquired a new position in Pacer Swan SOS Flex (July) ETF during the 4th quarter valued at about $359,000.

Pacer Swan SOS Flex (July) ETF Company Profile

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