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

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 24,767 shares, a growth of ∞ from the May 31st total of 0 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average trading volume of 3,621 shares, the short-interest ratio is currently 6.8 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Susquehanna International Group LLP purchased a new position in Pacer Swan SOS Moderate (April) ETF in the 3rd quarter valued at about $2,117,000. Storen Legacy Partners LLC acquired a new stake in Pacer Swan SOS Moderate (April) ETF in the 4th quarter worth about $1,317,000. OLD Mission Capital LLC increased its stake in Pacer Swan SOS Moderate (April) ETF by 170.5% during the 4th quarter. OLD Mission Capital LLC now owns 34,096 shares of the company’s stock worth $1,016,000 after buying an additional 21,493 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in Pacer Swan SOS Moderate (April) ETF during the 4th quarter worth approximately $109,000. Finally, LPL Financial LLC raised its holdings in shares of Pacer Swan SOS Moderate (April) ETF by 2.2% during 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 during the last quarter.

Pacer Swan SOS Moderate (April) ETF Stock Up 0.2%

PSMR opened at $32.19 on Wednesday. The company has a market cap of $105.58 million, a price-to-earnings ratio of 25.34 and a beta of 0.48. Pacer Swan SOS Moderate has a 52-week low of $28.32 and a 52-week high of $32.23. The firm’s fifty day simple moving average is $31.90 and its two-hundred day simple moving average is $30.74.

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.