Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Sees Large Increase in Short Interest

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 58,661 shares, an increase of 97.5% from the July 15th total of 29,706 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 43,929 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Trading of Pacer Swan SOS Fund of Funds ETF

Several large investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. bought a new position in Pacer Swan SOS Fund of Funds ETF in the second quarter worth approximately $44,000. International Assets Investment Management LLC purchased a new stake in shares of Pacer Swan SOS Fund of Funds ETF in the 4th quarter worth $78,000. Fifth Third Bancorp purchased a new stake in shares of Pacer Swan SOS Fund of Funds ETF in the 1st quarter worth $80,000. Sunbelt Securities Inc. bought a new position in Pacer Swan SOS Fund of Funds ETF in the 3rd quarter worth $133,000. Finally, RFG Advisory LLC raised its holdings in Pacer Swan SOS Fund of Funds ETF by 35.3% in the 4th quarter. RFG Advisory LLC now owns 8,891 shares of the company’s stock worth $287,000 after purchasing an additional 2,318 shares during the period.

Pacer Swan SOS Fund of Funds ETF Stock Down 0.0%

Pacer Swan SOS Fund of Funds ETF stock opened at $34.97 on Tuesday. Pacer Swan SOS Fund of Funds ETF has a 52-week low of $30.90 and a 52-week high of $35.09. The company has a market cap of $553.58 million, a P/E ratio of 24.86 and a beta of 0.47. The business has a 50-day simple moving average of $34.38 and a two-hundred day simple moving average of $33.45.

About Pacer Swan SOS Fund of Funds ETF

The Pacer Swan SOS Fund of Funds ETF (PSFF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds of Pacer Swan SOS ETFs that provide exposure to US securities while limiting downside risk with buffers and caps over one year. PSFF was launched on Dec 29, 2020 and is managed by Pacer.