Short Interest in Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) Decreases By 91.1%

Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 680 shares, a decline of 91.1% from the August 15th total of 7,619 shares. Based on an average trading volume of 3,621 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in PSMD. Insight Wealth Strategies LLC lifted its position in Pacer Swan SOS Moderate (January) ETF by 55.6% during the 2nd quarter. Insight Wealth Strategies LLC now owns 40,170 shares of the company’s stock worth $1,378,000 after buying an additional 14,351 shares in the last quarter. Pacer Advisors Inc. grew its holdings in shares of Pacer Swan SOS Moderate (January) ETF by 15.1% in the 1st quarter. Pacer Advisors Inc. now owns 2,365,077 shares of the company’s stock valued at $75,422,000 after acquiring an additional 310,777 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Pacer Swan SOS Moderate (January) ETF by 3.0% in the first quarter. Cetera Investment Advisers now owns 11,172 shares of the company’s stock valued at $356,000 after acquiring an additional 327 shares during the last quarter. Swan Global Investments LLC raised its holdings in Pacer Swan SOS Moderate (January) ETF by 12.9% during the first quarter. Swan Global Investments LLC now owns 2,365,077 shares of the company’s stock worth $75,422,000 after acquiring an additional 270,060 shares in the last quarter. Finally, Independent Financial Group LLC bought a new stake in Pacer Swan SOS Moderate (January) ETF during the first quarter worth about $288,000.

Pacer Swan SOS Moderate (January) ETF Trading Down 0.2%

Shares of PSMD stock traded down $0.07 during trading hours on Thursday, hitting $34.92. 1,201 shares of the company were exchanged, compared to its average volume of 4,721. The business has a 50 day moving average of $34.71 and a two-hundred day moving average of $33.76. The company has a market capitalization of $101.27 million, a PE ratio of 25.75 and a beta of 0.47. Pacer Swan SOS Moderate has a 52 week low of $30.84 and a 52 week high of $35.14.

About Pacer Swan SOS Moderate (January) ETF

The Pacer Swan SOS Moderate (January) ETF (PSMD) 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. PSMD was launched on Dec 22, 2020 and is managed by Pacer.