Pacer Swan SOS Flex (October) ETF (BATS:PSFO) Stock Short Interest Rises 8,989.3%

Pacer Swan SOS Flex (October) ETF (BATS:PSFO) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 26,359 shares, an increase of 8,989.3% from the October 15th total of 290 shares. Based on an average daily volume of 6,232 shares, the short-interest ratio is presently 4.2 days. Currently, 2.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Pacer Swan SOS Flex (October) ETF stock. Uptick Partners LLC lifted its stake in Pacer Swan SOS Flex (October) ETF (BATS:PSFO) by 1.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,726 shares of the company’s stock after buying an additional 604 shares during the period. Uptick Partners LLC owned approximately 9.35% of Pacer Swan SOS Flex (October) ETF worth $1,481,000 as of its most recent SEC filing.

Pacer Swan SOS Flex (October) ETF Stock Down 0.3%

Shares of BATS:PSFO opened at $35.63 on Wednesday. The stock has a market cap of $46.32 million, a PE ratio of 25.24 and a beta of 0.50. The company’s fifty day moving average is $35.88 and its 200 day moving average is $34.27. Pacer Swan SOS Flex has a 52 week low of $31.09 and a 52 week high of $36.42.

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.