Pacer Swan SOS Flex (January) ETF (BATS:PSFD) Sees Large Growth in Short Interest

Pacer Swan SOS Flex (January) ETF (BATS:PSFD) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 3,482 shares, an increase of 192.6% from the May 31st total of 1,190 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 829 shares, the days-to-cover ratio is currently 4.2 days.

Pacer Swan SOS Flex (January) ETF Stock Up 0.9%

PSFD stock opened at $39.68 on Tuesday. Pacer Swan SOS Flex has a twelve month low of $34.55 and a twelve month high of $39.88. The stock has a market capitalization of $60.71 million, a price-to-earnings ratio of 26.65 and a beta of 0.59. The firm’s fifty day simple moving average is $39.32 and its two-hundred day simple moving average is $38.06.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. JPMorgan Chase & Co. purchased a new stake in shares of Pacer Swan SOS Flex (January) ETF in the third quarter worth approximately $539,000. World Equity Group Inc. bought a new position in Pacer Swan SOS Flex (January) ETF in the 4th quarter valued at $311,000. Camarda Financial Advisors LLC increased its stake in Pacer Swan SOS Flex (January) ETF by 3.6% in the second quarter. Camarda Financial Advisors LLC now owns 77,994 shares of the company’s stock worth $2,704,000 after purchasing an additional 2,727 shares during the period. Citadel Advisors LLC lifted its position in shares of Pacer Swan SOS Flex (January) ETF by 2.9% during the third quarter. Citadel Advisors LLC now owns 21,507 shares of the company’s stock worth $781,000 after purchasing an additional 606 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of Pacer Swan SOS Flex (January) ETF by 24.7% during the fourth quarter. Cetera Investment Advisers now owns 8,165 shares of the company’s stock valued at $305,000 after purchasing an additional 1,615 shares during the period.

About Pacer Swan SOS Flex (January) ETF

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