Pacer Swan SOS Conservative (October) ETF (BATS:PSCQ) Shares Shorted: Short Interest Up 106.4% in September

Pacer Swan SOS Conservative (October) ETF (BATS:PSCQ) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,970 shares, a growth of 106.4% from the August 31st total of 1,439 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 301 shares, the days-to-cover ratio is currently 9.9 days.

Pacer Swan SOS Conservative (October) ETF Price Performance

BATS:PSCQ opened at $32.20 on Tuesday. The company has a 50 day moving average price of $31.82 and a 200-day moving average price of $30.92. Pacer Swan SOS Conservative has a 1-year low of $28.45 and a 1-year high of $32.20. The firm has a market cap of $46.05 million, a price-to-earnings ratio of 24.86 and a beta of 0.39.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Pacer Swan SOS Conservative (October) ETF stock. Pacer Advisors Inc. grew its position in Pacer Swan SOS Conservative (October) ETF (BATS:PSCQ) by 16.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,430,104 shares of the company’s stock after acquiring an additional 197,680 shares during the period. Pacer Advisors Inc. owned about 100.01% of Pacer Swan SOS Conservative (October) ETF worth $42,208,000 at the end of the most recent quarter.

Pacer Swan SOS Conservative (October) ETF Company Profile

The Pacer Swan SOS Conservative (October) ETF (PSCQ) 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 one-year period. The actively-managed fund holds options and collateral. PSCQ was launched on Sep 30, 2021 and is managed by Pacer.