Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Sees Large Growth in Short Interest

Pacer Swan SOS Flex (April) ETF (BATS:PSFM) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 1,790 shares, a growth of 11,833.3% from the August 15th total of 15 shares. Based on an average daily trading volume, of 228 shares, the days-to-cover ratio is currently 7.9 days. Currently, 0.2% of the company’s shares are sold short.

Pacer Swan SOS Flex (April) ETF Trading Down 0.2%

Pacer Swan SOS Flex (April) ETF stock traded down $0.07 during midday trading on Thursday, reaching $35.46. 8 shares of the stock traded hands, compared to its average volume of 1,414. The company has a 50-day simple moving average of $35.24 and a two-hundred day simple moving average of $34.18. Pacer Swan SOS Flex has a 12-month low of $30.99 and a 12-month high of $35.67. The firm has a market cap of $26.59 million, a PE ratio of 24.41 and a beta of 0.61.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Pacer Swan SOS Flex (April) ETF stock. Kestra Advisory Services LLC acquired a new stake in Pacer Swan SOS Flex (April) ETF (BATS:PSFM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,219 shares of the company’s stock, valued at approximately $71,000. Kestra Advisory Services LLC owned approximately 0.30% of Pacer Swan SOS Flex (April) ETF as of its most recent filing with the Securities & Exchange Commission.

About Pacer Swan SOS Flex (April) ETF

The Pacer Swan SOS Flex (April) ETF (PSFM) 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. PSFM was launched on Mar 31, 2021 and is managed by Pacer.