Short Interest in Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Grows By 112.2%

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 97,949 shares, an increase of 112.2% from the June 15th total of 46,152 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 63,843 shares, the short-interest ratio is currently 1.5 days.

Pacer Swan SOS Fund of Funds ETF Stock Down 0.2%

Shares of PSFF opened at $34.41 on Friday. The firm has a market cap of $544.71 million, a PE ratio of 24.86 and a beta of 0.47. The company’s fifty day moving average is $34.13 and its two-hundred day moving average is $33.12. Pacer Swan SOS Fund of Funds ETF has a fifty-two week low of $30.55 and a fifty-two week high of $34.50.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in PSFF. Geneos Wealth Management Inc. purchased a new stake in Pacer Swan SOS Fund of Funds ETF during the second quarter valued at about $44,000. International Assets Investment Management LLC purchased a new position in shares of Pacer Swan SOS Fund of Funds ETF in the 4th quarter worth about $78,000. Fifth Third Bancorp purchased a new position in shares of Pacer Swan SOS Fund of Funds ETF in the 1st quarter worth about $80,000. Sunbelt Securities Inc. acquired a new position in shares of Pacer Swan SOS Fund of Funds ETF in the 3rd quarter valued at about $133,000. Finally, RFG Advisory LLC lifted its stake in shares of Pacer Swan SOS Fund of Funds ETF by 35.3% in the 4th quarter. RFG Advisory LLC now owns 8,891 shares of the company’s stock valued at $287,000 after purchasing an additional 2,318 shares in the last quarter.

About Pacer Swan SOS Fund of Funds ETF

The Pacer Swan SOS Fund of Funds ETF (PSFF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds of Pacer Swan SOS ETFs that provide exposure to US securities while limiting downside risk with buffers and caps over one year. PSFF was launched on Dec 29, 2020 and is managed by Pacer.