Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) Stock Short Interest Falls 58.2%

Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 30,372 shares, a drop of 58.2% from the September 15th total of 72,601 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average daily trading volume, of 8,674 shares, the days-to-cover ratio is presently 3.5 days.

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

An institutional investor recently raised its position in Pacer Swan SOS Moderate (July) ETF stock. Ameritas Advisory Services LLC increased its holdings in Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) by 33.0% during the second 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 acquiring an additional 3,300 shares during the quarter. Ameritas Advisory Services LLC owned approximately 0.53% of Pacer Swan SOS Moderate (July) ETF worth $450,000 at the end of the most recent quarter.

Pacer Swan SOS Moderate (July) ETF Stock Down 0.1%

PSMJ opened at $34.85 on Tuesday. Pacer Swan SOS Moderate has a 52 week low of $31.27 and a 52 week high of $34.90. The business’s 50 day moving average is $34.49 and its two-hundred day moving average is $33.75. The firm has a market cap of $87.12 million, a price-to-earnings ratio of 25.18 and a beta of 0.48.

Pacer Swan SOS Moderate (July) ETF Company Profile

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.