Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Sees Significant Decline in Short Interest

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 2,217 shares, a drop of 71.6% from the September 30th total of 7,815 shares. Based on an average daily trading volume, of 677 shares, the days-to-cover ratio is presently 3.3 days. Currently, 0.1% of the company’s shares are sold short.

Pacer Swan SOS Moderate (April) ETF Stock Performance

Shares of PSMR stock opened at $33.14 on Thursday. Pacer Swan SOS Moderate has a fifty-two week low of $28.86 and a fifty-two week high of $33.14. The firm has a market cap of $108.70 million, a P/E ratio of 25.34 and a beta of 0.48. The business’s 50 day moving average price is $32.90 and its 200-day moving average price is $31.65.

About Pacer Swan SOS Moderate (April) ETF

The Pacer Swan SOS Moderate (April) ETF (PSMR) 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. PSMR was launched on Mar 31, 2021 and is managed by Pacer.