Pacer Swan SOS Flex (October) ETF (BATS:PSFO) Sees Significant Drop in Short Interest

Pacer Swan SOS Flex (October) ETF (BATS:PSFO) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 37 shares, a decline of 83.2% from the July 15th total of 220 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 108 shares, the short-interest ratio is currently 0.3 days.

Pacer Swan SOS Flex (October) ETF Stock Up 0.1%

BATS:PSFO opened at $35.40 on Thursday. The firm’s fifty day simple moving average is $34.69 and its 200-day simple moving average is $33.57. The stock has a market cap of $17.70 million, a PE ratio of 25.24 and a beta of 0.50. Pacer Swan SOS Flex has a fifty-two week low of $30.80 and a fifty-two week high of $35.40.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Pacer Advisors Inc. raised its stake in shares of Pacer Swan SOS Flex (October) ETF by 149.7% during the 4th quarter. Pacer Advisors Inc. now owns 895,600 shares of the company’s stock worth $29,018,000 after buying an additional 536,905 shares during the last quarter. Uptick Partners LLC acquired a new stake in Pacer Swan SOS Flex (October) ETF in the 4th quarter valued at about $1,494,000. Swan Global Investments LLC grew its stake in Pacer Swan SOS Flex (October) ETF by 135.1% in the 4th quarter. Swan Global Investments LLC now owns 895,600 shares of the company’s stock valued at $29,017,000 after acquiring an additional 514,736 shares during the last quarter. Financial Network Wealth Advisors LLC increased its holdings in Pacer Swan SOS Flex (October) ETF by 58.6% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 11,434 shares of the company’s stock valued at $370,000 after acquiring an additional 4,224 shares in the last quarter. Finally, OLD Mission Capital LLC purchased a new position in Pacer Swan SOS Flex (October) ETF during the 4th quarter valued at about $917,000.

About Pacer Swan SOS Flex (October) ETF

The Pacer Swan SOS Flex (October) ETF (PSFO) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF over a specific holdings period. The actively-managed fund holds options and collateral. PSFO was launched on Sep 30, 2021 and is managed by Pacer.