Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) Short Interest Update

Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 9,962 shares, a decline of 50.2% from the July 30th total of 20,023 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 3,093 shares, the days-to-cover ratio is currently 3.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE bought a new position in shares of Pacer Swan SOS Moderate (July) ETF during the 3rd quarter valued at approximately $31,000. Advisory Services Network LLC bought a new stake in shares of Pacer Swan SOS Moderate (July) ETF in the 3rd quarter worth approximately $89,000. JPMorgan Chase & Co. purchased a new position in Pacer Swan SOS Moderate (July) ETF in the third quarter valued at approximately $107,000. OLD Mission Capital LLC purchased a new position in Pacer Swan SOS Moderate (July) ETF in the fourth quarter valued at approximately $298,000. Finally, Ameritas Advisory Services LLC purchased a new position in Pacer Swan SOS Moderate (July) ETF in the fourth quarter valued at approximately $322,000.

Pacer Swan SOS Moderate (July) ETF Stock Performance

PSMJ opened at $34.48 on Friday. Pacer Swan SOS Moderate has a fifty-two week low of $30.85 and a fifty-two week high of $34.60. The firm has a 50-day moving average of $34.04 and a 200 day moving average of $33.25. The firm has a market cap of $86.20 million, a P/E ratio of 25.18 and a beta of 0.48.

Pacer Swan SOS Moderate (July) ETF Company Profile

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