Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Short Interest Down 86.5% in June

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 3,343 shares, a drop of 86.5% from the June 15th total of 24,767 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 5,890 shares, the days-to-cover ratio is presently 0.6 days.

Pacer Swan SOS Moderate (April) ETF Stock Performance

Shares of Pacer Swan SOS Moderate (April) ETF stock traded up $0.04 on Friday, reaching $32.34. The company had a trading volume of 244 shares, compared to its average volume of 3,529. The firm’s 50 day moving average price is $32.02 and its two-hundred day moving average price is $30.87. The firm has a market cap of $106.08 million, a PE ratio of 25.34 and a beta of 0.48. Pacer Swan SOS Moderate has a 52-week low of $28.36 and a 52-week high of $32.34.

Institutional Trading of Pacer Swan SOS Moderate (April) ETF

Institutional investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC purchased a new stake in Pacer Swan SOS Moderate (April) ETF in the fourth quarter valued at approximately $109,000. OLD Mission Capital LLC lifted its stake in Pacer Swan SOS Moderate (April) ETF by 170.5% during the fourth quarter. OLD Mission Capital LLC now owns 34,096 shares of the company’s stock worth $1,016,000 after purchasing an additional 21,493 shares in the last quarter. LPL Financial LLC boosted its position in shares of Pacer Swan SOS Moderate (April) ETF by 2.2% during the fourth quarter. LPL Financial LLC now owns 43,935 shares of the company’s stock worth $1,309,000 after buying an additional 927 shares during the period. Storen Legacy Partners LLC purchased a new position in shares of Pacer Swan SOS Moderate (April) ETF during the fourth quarter worth $1,317,000. Finally, Susquehanna International Group LLP acquired a new stake in shares of Pacer Swan SOS Moderate (April) ETF in the third quarter valued at $2,117,000.

About Pacer Swan SOS Moderate (April) ETF

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