Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) Sees Large Drop in Short Interest

Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 513 shares, a drop of 56.5% from the April 15th total of 1,179 shares. Based on an average daily volume of 396 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.0% of the company’s stock are short sold.

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

PSMJ stock opened at $33.51 on Friday. Pacer Swan SOS Moderate has a twelve month low of $28.51 and a twelve month high of $33.51. The stock’s 50 day moving average is $32.56 and its 200-day moving average is $32.27. The firm has a market capitalization of $83.78 million, a PE ratio of 25.18 and a beta of 0.48.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of PSMJ. Bank of America Corp DE bought a new position in shares of Pacer Swan SOS Moderate (July) ETF in the third quarter valued at approximately $31,000. Realta Investment Advisors lifted its holdings in shares of Pacer Swan SOS Moderate (July) ETF by 666.7% in the fourth quarter. Realta Investment Advisors now owns 1,150 shares of the company’s stock valued at $37,000 after purchasing an additional 1,000 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of Pacer Swan SOS Moderate (July) ETF during the third quarter valued at approximately $89,000. JPMorgan Chase & Co. purchased a new stake in shares of Pacer Swan SOS Moderate (July) ETF during the third quarter valued at approximately $107,000. Finally, OLD Mission Capital LLC purchased a new stake in shares of Pacer Swan SOS Moderate (July) ETF during the fourth quarter valued at approximately $298,000.

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.