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

Pacer Swan SOS Flex (April) ETF (BATS:PSFM) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 15 shares, a decline of 98.8% from the July 30th total of 1,302 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 53 shares, the days-to-cover ratio is presently 0.3 days.

Pacer Swan SOS Flex (April) ETF Stock Performance

Shares of PSFM traded up $0.05 during mid-day trading on Tuesday, hitting $35.49. 8 shares of the company were exchanged, compared to its average volume of 1,499. The stock has a market cap of $26.62 million, a price-to-earnings ratio of 24.41 and a beta of 0.61. The company has a 50 day moving average of $35.03 and a 200-day moving average of $33.89. Pacer Swan SOS Flex has a 1-year low of $30.74 and a 1-year high of $35.51.

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

An institutional investor recently bought a new stake in Pacer Swan SOS Flex (April) ETF stock. Citadel Advisors LLC bought a new stake in Pacer Swan SOS Flex (April) ETF (BATS:PSFM) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,893 shares of the company’s stock, valued at approximately $309,000. Citadel Advisors LLC owned 1.32% of Pacer Swan SOS Flex (April) ETF as of its most recent SEC filing.

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.