Short Interest in Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Rises By 1,297.3%

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 68,566 shares, a growth of 1,297.3% from the April 30th total of 4,907 shares. Based on an average daily trading volume, of 9,186 shares, the days-to-cover ratio is presently 7.5 days. Currently, 2.1% of the shares of the company are short sold.

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

Several large investors have recently made changes to their positions in PSMR. Susquehanna International Group LLP purchased a new position in shares of Pacer Swan SOS Moderate (April) ETF in the third quarter valued at about $2,117,000. Storen Legacy Partners LLC purchased a new position in shares of Pacer Swan SOS Moderate (April) ETF in the fourth quarter valued at about $1,317,000. OLD Mission Capital LLC lifted its position in shares of Pacer Swan SOS Moderate (April) ETF by 170.5% in the fourth quarter. OLD Mission Capital LLC now owns 34,096 shares of the company’s stock valued at $1,016,000 after acquiring an additional 21,493 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Pacer Swan SOS Moderate (April) ETF in the fourth quarter valued at about $109,000. Finally, LPL Financial LLC lifted its position in shares of Pacer Swan SOS Moderate (April) ETF by 2.2% in the fourth quarter. LPL Financial LLC now owns 43,935 shares of the company’s stock valued at $1,309,000 after acquiring an additional 927 shares in the last quarter.

Pacer Swan SOS Moderate (April) ETF Stock Performance

Shares of BATS PSMR traded up $0.01 during trading on Wednesday, hitting $32.04. The company had a trading volume of 118 shares, compared to its average volume of 3,529. The stock has a 50 day simple moving average of $31.15 and a 200 day simple moving average of $30.28. Pacer Swan SOS Moderate has a 12 month low of $27.42 and a 12 month high of $32.06. The firm has a market capitalization of $105.09 million, a P/E ratio of 25.34 and a beta of 0.48.

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.