Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Short Interest Update

Pacer Swan SOS Flex (April) ETF (BATS:PSFM) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 54,216 shares, an increase of 575.6% from the April 30th total of 8,025 shares. Approximately 7.2% of the company’s shares are short sold. Based on an average trading volume of 4,826 shares, the short-interest ratio is currently 11.2 days.

Institutional Investors Weigh In On Pacer Swan SOS Flex (April) ETF

A number of large investors have recently added to or reduced their stakes in PSFM. Kestra Advisory Services LLC bought a new stake in Pacer Swan SOS Flex (April) ETF in the 4th quarter worth $71,000. Citadel Advisors LLC bought a new stake in Pacer Swan SOS Flex (April) ETF in the 3rd quarter worth $309,000. Finally, Anfield Capital Management LLC grew its holdings in Pacer Swan SOS Flex (April) ETF by 13.3% in the 3rd quarter. Anfield Capital Management LLC now owns 14,038 shares of the company’s stock worth $438,000 after acquiring an additional 1,650 shares during the last quarter.

Pacer Swan SOS Flex (April) ETF Stock Up 0.1%

Shares of Pacer Swan SOS Flex (April) ETF stock opened at $34.69 on Thursday. The firm has a market cap of $26.02 million, a PE ratio of 24.41 and a beta of 0.61. Pacer Swan SOS Flex has a 12-month low of $29.37 and a 12-month high of $34.71. The company’s fifty day simple moving average is $33.56 and its two-hundred day simple moving average is $32.45.

About Pacer Swan SOS Flex (April) ETF

The Pacer Swan SOS Flex (April) ETF (PSFM) 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. PSFM was launched on Mar 31, 2021 and is managed by Pacer.