Pacer Swan SOS Flex (October) ETF (BATS:PSFO) Sees Significant Drop in Short Interest

Pacer Swan SOS Flex (October) ETF (BATS:PSFO) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 37 shares, a decline of 83.2% from the July 15th total of 220 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 108 shares, the days-to-cover ratio is currently 0.3 days.

Pacer Swan SOS Flex (October) ETF Stock Performance

Shares of PSFO stock opened at $35.47 on Friday. The stock’s fifty day moving average is $34.70 and its 200-day moving average is $33.59. The stock has a market capitalization of $17.73 million, a PE ratio of 25.24 and a beta of 0.50. Pacer Swan SOS Flex has a 52 week low of $30.80 and a 52 week high of $35.47.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in PSFO. Osaic Holdings Inc. grew its holdings in Pacer Swan SOS Flex (October) ETF by 7.5% during the 4th quarter. Osaic Holdings Inc. now owns 6,448 shares of the company’s stock worth $209,000 after acquiring an additional 452 shares during the last quarter. Calton & Associates Inc. bought a new position in shares of Pacer Swan SOS Flex (October) ETF in the fourth quarter worth about $217,000. LPL Financial LLC acquired a new position in shares of Pacer Swan SOS Flex (October) ETF during the fourth quarter worth approximately $235,000. Financial Network Wealth Advisors LLC lifted its position in shares of Pacer Swan SOS Flex (October) ETF by 58.6% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 11,434 shares of the company’s stock worth $370,000 after purchasing an additional 4,224 shares in the last quarter. Finally, Citadel Advisors LLC grew its stake in shares of Pacer Swan SOS Flex (October) ETF by 122.7% during the third quarter. Citadel Advisors LLC now owns 18,106 shares of the company’s stock valued at $575,000 after purchasing an additional 9,974 shares during the last quarter.

About Pacer Swan SOS Flex (October) ETF

The Pacer Swan SOS Flex (October) ETF (PSFO) is an exchange-traded fund that mostly invests in large cap equity. 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. PSFO was launched on Sep 30, 2021 and is managed by Pacer.