Pacer Swan SOS Flex (October) ETF (BATS:PSFO) Stock Short Interest Falls 49.3%

Pacer Swan SOS Flex (October) ETF (BATS:PSFO) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 616 shares, a decrease of 49.3% from the September 15th total of 1,215 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 9,374 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Pacer Swan SOS Flex (October) ETF stock. Pacer Advisors Inc. increased its position in Pacer Swan SOS Flex (October) ETF (BATS:PSFO) by 149.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 895,600 shares of the company’s stock after purchasing an additional 536,905 shares during the period. Pacer Advisors Inc. owned 179.12% of Pacer Swan SOS Flex (October) ETF worth $29,018,000 at the end of the most recent reporting period.

Pacer Swan SOS Flex (October) ETF Price Performance

Shares of Pacer Swan SOS Flex (October) ETF stock opened at $36.12 on Thursday. Pacer Swan SOS Flex has a 1-year low of $31.09 and a 1-year high of $36.42. The company has a market capitalization of $18.06 million, a PE ratio of 25.24 and a beta of 0.50. The business has a 50-day moving average of $35.70 and a 200-day moving average of $34.62.

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.