Pacer Swan SOS Flex (January) ETF (BATS:PSFD) Sees Significant Increase in Short Interest

Pacer Swan SOS Flex (January) ETF (BATS:PSFD) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 2,034 shares, an increase of 77.6% from the July 15th total of 1,145 shares. Based on an average trading volume of 526 shares, the short-interest ratio is currently 3.9 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of PSFD. Cetera Investment Advisers raised its holdings in shares of Pacer Swan SOS Flex (January) ETF by 24.7% during the fourth quarter. Cetera Investment Advisers now owns 8,165 shares of the company’s stock worth $305,000 after acquiring an additional 1,615 shares during the period. Patriot Financial Group Insurance Agency LLC acquired a new position in shares of Pacer Swan SOS Flex (January) ETF during the first quarter worth about $394,000. Signature Equity Partners LLC boosted its position in shares of Pacer Swan SOS Flex (January) ETF by 327.1% during the first quarter. Signature Equity Partners LLC now owns 12,940 shares of the company’s stock worth $472,000 after buying an additional 9,910 shares during the period. World Equity Group Inc. raised its position in Pacer Swan SOS Flex (January) ETF by 55.6% in the 1st quarter. World Equity Group Inc. now owns 12,969 shares of the company’s stock valued at $473,000 after buying an additional 4,634 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in Pacer Swan SOS Flex (January) ETF in the 3rd quarter valued at approximately $539,000.

Pacer Swan SOS Flex (January) ETF Price Performance

Shares of Pacer Swan SOS Flex (January) ETF stock opened at $40.69 on Tuesday. Pacer Swan SOS Flex has a 1 year low of $35.34 and a 1 year high of $40.76. The company has a market capitalization of $62.26 million, a P/E ratio of 26.65 and a beta of 0.59. The business has a 50-day moving average of $39.95 and a two-hundred day moving average of $38.71.

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.