Short Interest in Pacer Swan SOS Flex (January) ETF (BATS:PSFD) Expands By 192.6%

Pacer Swan SOS Flex (January) ETF (BATS:PSFD) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 3,482 shares, an increase of 192.6% from the May 31st total of 1,190 shares. Based on an average daily volume of 829 shares, the short-interest ratio is presently 4.2 days. Approximately 0.2% of the company’s shares are sold short.

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

Several hedge funds have recently bought and sold shares of the business. Pacer Advisors Inc. grew its stake 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 valued at $30,240,000 after acquiring an additional 208,814 shares in the last quarter. Swan Global Investments LLC lifted its position in shares of Pacer Swan SOS Flex (January) ETF by 27.7% in the first quarter. Swan Global Investments LLC now owns 828,431 shares of the company’s stock worth $30,238,000 after purchasing an additional 179,926 shares in the last quarter. Camarda Financial Advisors LLC boosted its holdings in shares of Pacer Swan SOS Flex (January) ETF by 3.6% during the second quarter. Camarda Financial Advisors LLC now owns 77,994 shares of the company’s stock worth $2,704,000 after purchasing an additional 2,727 shares during the period. Citadel Advisors LLC boosted its holdings in shares of Pacer Swan SOS Flex (January) ETF by 2.9% during the third quarter. Citadel Advisors LLC now owns 21,507 shares of the company’s stock worth $781,000 after purchasing an additional 606 shares during the period. Finally, JPMorgan Chase & Co. purchased a new position in Pacer Swan SOS Flex (January) ETF during the third quarter valued at approximately $539,000.

Pacer Swan SOS Flex (January) ETF Price Performance

PSFD opened at $39.33 on Monday. The firm has a market capitalization of $60.17 million, a P/E ratio of 26.65 and a beta of 0.59. The stock has a fifty day moving average of $39.30 and a 200-day moving average of $38.04. Pacer Swan SOS Flex has a 12-month low of $34.45 and a 12-month high of $39.88.

Pacer Swan SOS Flex (January) ETF Company Profile

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.