Pacer Swan SOS Flex (January) ETF (BATS:PSFD) Sees Large Decrease in Short Interest

Pacer Swan SOS Flex (January) ETF (BATS:PSFD) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 321 shares, a drop of 93.2% from the September 15th total of 4,721 shares. Based on an average daily volume of 712 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are sold short.

Pacer Swan SOS Flex (January) ETF Stock Performance

BATS:PSFD traded up $0.13 during trading hours on Friday, hitting $41.34. The stock had a trading volume of 142 shares, compared to its average volume of 3,315. Pacer Swan SOS Flex has a one year low of $35.77 and a one year high of $41.34. The company has a market cap of $63.25 million, a price-to-earnings ratio of 26.65 and a beta of 0.59. The business’s 50 day moving average is $40.77 and its 200-day moving average is $39.62.

Hedge Funds Weigh In On Pacer Swan SOS Flex (January) ETF

A number of large investors have recently bought and sold shares of the company. Pacer Advisors Inc. lifted its position in Pacer Swan SOS Flex (January) ETF by 33.7% during the 1st quarter. Pacer Advisors Inc. now owns 828,431 shares of the company’s stock worth $30,240,000 after buying an additional 208,814 shares in the last quarter. Swan Global Investments LLC raised its holdings in Pacer Swan SOS Flex (January) ETF by 27.7% during the first quarter. Swan Global Investments LLC now owns 828,431 shares of the company’s stock worth $30,238,000 after acquiring an additional 179,926 shares in the last quarter. Citadel Advisors LLC acquired a new position in Pacer Swan SOS Flex (January) ETF during the second quarter valued at approximately $462,000. World Equity Group Inc. boosted its position in Pacer Swan SOS Flex (January) ETF by 57.6% during the second quarter. World Equity Group Inc. now owns 20,440 shares of the company’s stock valued at $814,000 after purchasing an additional 7,471 shares during the last quarter. Finally, Signature Equity Partners LLC grew its stake in Pacer Swan SOS Flex (January) ETF by 327.1% in the first quarter. Signature Equity Partners LLC now owns 12,940 shares of the company’s stock valued at $472,000 after purchasing an additional 9,910 shares in the last quarter.

About Pacer Swan SOS Flex (January) ETF

The Pacer Swan SOS Flex (January) ETF (PSFD) 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. PSFD was launched on Dec 22, 2020 and is managed by Pacer.