Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) Stock Short Interest Declines 37.0%

Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 32,122 shares, a decrease of 37.0% from the September 15th total of 51,027 shares. Based on an average daily volume of 7,687 shares, the days-to-cover ratio is presently 4.2 days. Approximately 4.1% of the shares of the stock are sold short.

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

An institutional investor recently raised its position in Pacer Swan SOS Flex (July) ETF stock. World Equity Group Inc. boosted its stake in Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) by 54.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,530 shares of the company’s stock after purchasing an additional 5,122 shares during the period. World Equity Group Inc. owned about 1.87% of Pacer Swan SOS Flex (July) ETF worth $475,000 at the end of the most recent quarter.

Pacer Swan SOS Flex (July) ETF Trading Down 0.7%

BATS PSFJ opened at $35.98 on Friday. The firm’s 50 day simple moving average is $35.99 and its 200 day simple moving average is $35.14. Pacer Swan SOS Flex has a 1 year low of $32.07 and a 1 year high of $36.41. The firm has a market capitalization of $27.88 million, a price-to-earnings ratio of 25.93 and a beta of 0.59.

Pacer Swan SOS Flex (July) ETF Company Profile

The Pacer Swan SOS Flex (July) ETF (PSFJ) 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 the SPDR S&P 500 ETF over a specific holdings period. The actively-managed fund holds options and collateral. PSFJ was launched on Jun 30, 2021 and is managed by Pacer.