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

Pacer Swan SOS Fund of Funds ETF (BATS:PSFFGet Free Report) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 97,949 shares, an increase of 112.2% from the June 15th total of 46,152 shares. Based on an average daily trading volume, of 63,843 shares, the short-interest ratio is presently 1.5 days. Approximately 0.6% of the shares of the company are short sold.

Hedge Funds Weigh In On Pacer Swan SOS Fund of Funds ETF

A number of hedge funds have recently added to or reduced their stakes in PSFF. Brookstone Capital Management grew its stake in Pacer Swan SOS Fund of Funds ETF by 84.1% during the 4th quarter. Brookstone Capital Management now owns 153,624 shares of the company’s stock worth $4,967,000 after buying an additional 70,187 shares during the last quarter. Geneos Wealth Management Inc. increased its position in Pacer Swan SOS Fund of Funds ETF by 164.5% in the fourth quarter. Geneos Wealth Management Inc. now owns 33,324 shares of the company’s stock worth $1,077,000 after buying an additional 20,726 shares during the period. Merit Financial Group LLC bought a new stake in Pacer Swan SOS Fund of Funds ETF in the fourth quarter valued at $3,878,000. World Investment Advisors bought a new stake in Pacer Swan SOS Fund of Funds ETF in the fourth quarter valued at $4,311,000. Finally, Verus Capital Partners LLC acquired a new position in shares of Pacer Swan SOS Fund of Funds ETF during the fourth quarter valued at $6,795,000.

Pacer Swan SOS Fund of Funds ETF Trading Up 0.2%

Shares of PSFF opened at $34.42 on Wednesday. The firm has a market cap of $544.87 million, a price-to-earnings ratio of 24.86 and a beta of 0.47. The stock has a 50 day moving average of $34.11 and a 200-day moving average of $33.09. Pacer Swan SOS Fund of Funds ETF has a 52 week low of $30.46 and a 52 week high of $34.47.

About Pacer Swan SOS Fund of Funds ETF

(Get Free Report)

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.

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