Pacer Swan SOS Flex (January) ETF (BATS:PSFD) Short Interest Up 231.9% in August

Pacer Swan SOS Flex (January) ETF (BATS:PSFD) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 5,038 shares, a growth of 231.9% from the August 15th total of 1,518 shares. Based on an average daily volume of 1,699 shares, the days-to-cover ratio is currently 3.0 days. Currently, 0.3% of the company’s stock are short sold.

Pacer Swan SOS Flex (January) ETF Price Performance

Shares of BATS:PSFD opened at $40.78 on Monday. The company has a market cap of $62.39 million, a P/E ratio of 26.65 and a beta of 0.59. Pacer Swan SOS Flex has a 1 year low of $35.77 and a 1 year high of $40.92. The stock’s fifty day moving average price is $40.37 and its 200-day moving average price is $39.12.

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

A number of hedge funds have recently bought and sold shares of PSFD. Pacer Advisors Inc. grew its stake in shares of Pacer Swan SOS Flex (January) ETF by 33.7% in the first quarter. Pacer Advisors Inc. now owns 828,431 shares of the company’s stock worth $30,240,000 after acquiring an additional 208,814 shares during the period. Swan Global Investments LLC lifted its position 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 valued at $30,238,000 after purchasing an additional 179,926 shares during the period. World Equity Group Inc. lifted its position in Pacer Swan SOS Flex (January) ETF by 55.6% during the first quarter. World Equity Group Inc. now owns 12,969 shares of the company’s stock valued at $473,000 after purchasing an additional 4,634 shares during the period. Signature Equity Partners LLC boosted its holdings 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 worth $472,000 after purchasing an additional 9,910 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Pacer Swan SOS Flex (January) ETF by 24.7% in the fourth quarter. Cetera Investment Advisers now owns 8,165 shares of the company’s stock worth $305,000 after purchasing an additional 1,615 shares during 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.