Pacer Swan SOS Moderate (October) ETF (BATS:PSMO) Shares Shorted: Short Interest Down 100.0% in October

Pacer Swan SOS Moderate (October) ETF (BATS:PSMO) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 19 shares, a decline of 100.0% from the October 15th total of 74,124 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 9,580 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of Pacer Swan SOS Moderate (October) ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Cetera Investment Advisers lifted its holdings in Pacer Swan SOS Moderate (October) ETF by 1.0% in the 1st quarter. Cetera Investment Advisers now owns 42,941 shares of the company’s stock valued at $1,296,000 after purchasing an additional 437 shares in the last quarter. Commonwealth Equity Services LLC purchased a new stake in shares of Pacer Swan SOS Moderate (October) ETF during the third quarter worth about $1,089,000. Finally, Independent Financial Group LLC purchased a new stake in shares of Pacer Swan SOS Moderate (October) ETF during the first quarter worth about $549,000.

Pacer Swan SOS Moderate (October) ETF Price Performance

Shares of PSMO opened at $33.35 on Wednesday. The firm has a 50 day simple moving average of $33.53 and a 200-day simple moving average of $32.24. The stock has a market cap of $118.39 million, a price-to-earnings ratio of 24.78 and a beta of 0.41. Pacer Swan SOS Moderate has a 1-year low of $29.68 and a 1-year high of $33.92.

About Pacer Swan SOS Moderate (October) ETF

The Pacer Swan SOS Moderate (October) ETF (PSMO) is an exchange-traded fund that mostly invests in large cap equity. 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. PSMO was launched on Sep 30, 2021 and is managed by Pacer.