Short Interest in Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) Decreases By 91.1%

Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 680 shares, a drop of 91.1% from the August 15th total of 7,619 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 3,621 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Pacer Swan SOS Moderate (January) ETF

Several large investors have recently added to or reduced their stakes in the company. Swan Global Investments LLC increased its holdings in shares of Pacer Swan SOS Moderate (January) ETF by 12.9% during the first quarter. Swan Global Investments LLC now owns 2,365,077 shares of the company’s stock worth $75,422,000 after buying an additional 270,060 shares in the last quarter. Insight Wealth Strategies LLC boosted its holdings in shares of Pacer Swan SOS Moderate (January) ETF by 55.6% in the 2nd quarter. Insight Wealth Strategies LLC now owns 40,170 shares of the company’s stock worth $1,378,000 after acquiring an additional 14,351 shares in the last quarter. Pacer Advisors Inc. grew its position in Pacer Swan SOS Moderate (January) ETF by 15.1% during the 1st quarter. Pacer Advisors Inc. now owns 2,365,077 shares of the company’s stock worth $75,422,000 after acquiring an additional 310,777 shares during the last quarter. Cornerstone Wealth Group LLC bought a new stake in Pacer Swan SOS Moderate (January) ETF during the 1st quarter worth approximately $202,000. Finally, Cetera Investment Advisers increased its holdings in Pacer Swan SOS Moderate (January) ETF by 3.0% during the 1st quarter. Cetera Investment Advisers now owns 11,172 shares of the company’s stock valued at $356,000 after purchasing an additional 327 shares in the last quarter.

Pacer Swan SOS Moderate (January) ETF Stock Performance

Shares of BATS:PSMD traded down $0.07 on Thursday, hitting $34.92. The stock had a trading volume of 1,201 shares, compared to its average volume of 4,721. The firm’s 50 day moving average price is $34.71 and its 200-day moving average price is $33.76. Pacer Swan SOS Moderate has a twelve month low of $30.84 and a twelve month high of $35.14. The company has a market capitalization of $101.27 million, a price-to-earnings ratio of 25.75 and a beta of 0.47.

Pacer Swan SOS Moderate (January) ETF Company Profile

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