Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) Stock Short Interest Climbs 851.0%

Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 72,601 shares, an increase of 851.0% from the August 31st total of 7,634 shares. Based on an average trading volume of 12,720 shares, the days-to-cover ratio is currently 5.7 days. Currently, 2.9% of the shares of the stock are sold short.

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

An institutional investor recently raised its stake in Pacer Swan SOS Moderate (July) ETF stock. Ameritas Advisory Services LLC raised its holdings in Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) by 33.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,300 shares of the company’s stock after buying an additional 3,300 shares during the quarter. Ameritas Advisory Services LLC owned 0.53% of Pacer Swan SOS Moderate (July) ETF worth $450,000 as of its most recent SEC filing.

Pacer Swan SOS Moderate (July) ETF Stock Up 0.3%

Shares of PSMJ stock traded up $0.10 during mid-day trading on Friday, hitting $34.66. 14 shares of the stock were exchanged, compared to its average volume of 4,568. The company has a market cap of $86.65 million, a PE ratio of 25.18 and a beta of 0.48. Pacer Swan SOS Moderate has a 52-week low of $31.27 and a 52-week high of $34.72. The firm has a fifty day moving average of $34.29 and a 200 day moving average of $33.54.

About Pacer Swan SOS Moderate (July) ETF

The Pacer Swan SOS Moderate (July) ETF (PSMJ) 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 the SPDR S&P 500 ETF over a specific holdings period. The actively-managed fund holds options and collateral. PSMJ was launched on Jun 30, 2021 and is managed by Pacer.