Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) Sees Large Decrease in Short Interest

Pacer Swan SOS Moderate (July) ETF (BATS:PSMJGet Free Report) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 9,962 shares, a decline of 50.2% from the July 30th total of 20,023 shares. Based on an average daily volume of 3,093 shares, the days-to-cover ratio is presently 3.2 days. Approximately 0.4% of the company’s stock are short sold.

Pacer Swan SOS Moderate (July) ETF Stock Performance

Shares of PSMJ stock opened at $34.48 on Friday. Pacer Swan SOS Moderate has a 52-week low of $30.85 and a 52-week high of $34.60. The company has a 50-day simple moving average of $34.04 and a two-hundred day simple moving average of $33.25. The company has a market capitalization of $86.20 million, a price-to-earnings ratio of 25.18 and a beta of 0.48.

Hedge Funds Weigh In On Pacer Swan SOS Moderate (July) ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Premier Private Wealth Management LLC bought a new position in shares of Pacer Swan SOS Moderate (July) ETF in the fourth quarter valued at approximately $333,000. Ameritas Advisory Services LLC bought a new stake in Pacer Swan SOS Moderate (July) ETF during the fourth quarter worth $322,000. OLD Mission Capital LLC bought a new stake in Pacer Swan SOS Moderate (July) ETF during the fourth quarter worth $298,000. JPMorgan Chase & Co. bought a new stake in Pacer Swan SOS Moderate (July) ETF during the third quarter worth $107,000. Finally, Advisory Services Network LLC purchased a new position in Pacer Swan SOS Moderate (July) ETF in the third quarter worth $89,000.

About Pacer Swan SOS Moderate (July) ETF

(Get Free Report)

The Pacer Swan SOS Moderate (July) ETF (PSMJ) 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 the SPDR S&P 500 ETF over a specific holdings period. The actively-managed fund holds options and collateral. PSMJ was launched on Jun 30, 2021 and is managed by Pacer.

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