Short Interest in Pacer Swan SOS Moderate (October) ETF (BATS:PSMO) Increases By 274.9%

Pacer Swan SOS Moderate (October) ETF (BATS:PSMO) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,662 shares, an increase of 274.9% from the June 15th total of 710 shares. Based on an average trading volume of 1,407 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Pacer Swan SOS Moderate (October) ETF

Several hedge funds and other institutional investors have recently bought and sold shares of PSMO. Pacer Advisors Inc. grew its position in shares of Pacer Swan SOS Moderate (October) ETF by 38.3% during the fourth quarter. Pacer Advisors Inc. now owns 2,800,433 shares of the company’s stock worth $86,134,000 after buying an additional 775,658 shares in the last quarter. Swan Global Investments LLC raised its holdings in Pacer Swan SOS Moderate (October) ETF by 34.2% in the fourth quarter. Swan Global Investments LLC now owns 2,800,433 shares of the company’s stock valued at $86,141,000 after acquiring an additional 713,367 shares in the last quarter. MML Investors Services LLC raised its holdings in Pacer Swan SOS Moderate (October) ETF by 23.0% in the second quarter. MML Investors Services LLC now owns 982,454 shares of the company’s stock valued at $28,403,000 after acquiring an additional 183,929 shares in the last quarter. Anfield Capital Management LLC boosted its stake in Pacer Swan SOS Moderate (October) ETF by 508.8% during the 4th quarter. Anfield Capital Management LLC now owns 100,830 shares of the company’s stock valued at $3,101,000 after acquiring an additional 84,268 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in Pacer Swan SOS Moderate (October) ETF by 11.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 42,998 shares of the company’s stock valued at $1,323,000 after acquiring an additional 4,431 shares during the last quarter.

Pacer Swan SOS Moderate (October) ETF Stock Performance

BATS:PSMO opened at $32.73 on Monday. The stock has a market cap of $110.63 million, a price-to-earnings ratio of 24.78 and a beta of 0.40. Pacer Swan SOS Moderate has a one year low of $29.02 and a one year high of $32.73. The business’s 50-day simple moving average is $32.31 and its 200 day simple moving average is $31.37.

About Pacer Swan SOS Moderate (October) ETF

The Pacer Swan SOS Moderate (October) ETF (PSMO) is an exchange-traded fund that mostly invests in large cap equity. 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. PSMO was launched on Sep 30, 2021 and is managed by Pacer.