Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Short Interest Update

Pacer Swan SOS Flex (April) ETF (BATS:PSFM) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 54,216 shares, a growth of 575.6% from the April 30th total of 8,025 shares. Approximately 7.2% of the company’s shares are short sold. Based on an average daily volume of 4,826 shares, the short-interest ratio is presently 11.2 days.

Institutional Investors Weigh In On Pacer Swan SOS Flex (April) ETF

A number of large investors have recently modified their holdings of the stock. Anfield Capital Management LLC boosted its stake in shares of Pacer Swan SOS Flex (April) ETF by 13.3% during the 3rd quarter. Anfield Capital Management LLC now owns 14,038 shares of the company’s stock valued at $438,000 after purchasing an additional 1,650 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Pacer Swan SOS Flex (April) ETF during the 4th quarter valued at about $71,000. Finally, Citadel Advisors LLC bought a new stake in shares of Pacer Swan SOS Flex (April) ETF during the 3rd quarter valued at about $309,000.

Pacer Swan SOS Flex (April) ETF Trading Up 0.1%

Shares of PSFM opened at $34.69 on Thursday. The firm’s 50-day moving average price is $33.56 and its 200-day moving average price is $32.45. The firm has a market capitalization of $26.02 million, a price-to-earnings ratio of 24.41 and a beta of 0.61. Pacer Swan SOS Flex has a 1-year low of $29.37 and a 1-year high of $34.71.

Pacer Swan SOS Flex (April) ETF Company Profile

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.