Pacer Swan SOS Flex (January) ETF (BATS:PSFD) Short Interest Up 77.6% in July

Pacer Swan SOS Flex (January) ETF (BATS:PSFD) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 2,034 shares, an increase of 77.6% from the July 15th total of 1,145 shares. Based on an average daily trading volume, of 526 shares, the short-interest ratio is currently 3.9 days. Approximately 0.1% of the shares of the stock are short sold.

Pacer Swan SOS Flex (January) ETF Price Performance

BATS PSFD opened at $40.76 on Monday. Pacer Swan SOS Flex has a 1-year low of $35.34 and a 1-year high of $40.76. The business has a 50 day simple moving average of $39.93 and a two-hundred day simple moving average of $38.69. The stock has a market capitalization of $62.36 million, a PE ratio of 26.65 and a beta of 0.59.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. World Equity Group Inc. increased its position in Pacer Swan SOS Flex (January) ETF by 57.6% in the second quarter. World Equity Group Inc. now owns 20,440 shares of the company’s stock worth $814,000 after purchasing an additional 7,471 shares during the last quarter. Pacer Advisors Inc. lifted its position in Pacer Swan SOS Flex (January) ETF by 33.7% during the first quarter. Pacer Advisors Inc. now owns 828,431 shares of the company’s stock valued at $30,240,000 after purchasing an additional 208,814 shares during the last quarter. Signature Equity Partners LLC lifted its position in Pacer Swan SOS Flex (January) ETF by 327.1% during the first quarter. Signature Equity Partners LLC now owns 12,940 shares of the company’s stock valued at $472,000 after purchasing an additional 9,910 shares during the last quarter. Swan Global Investments LLC grew its stake in shares of Pacer Swan SOS Flex (January) ETF by 27.7% in the 1st quarter. Swan Global Investments LLC now owns 828,431 shares of the company’s stock worth $30,238,000 after buying an additional 179,926 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC purchased a new position in shares of Pacer Swan SOS Flex (January) ETF in the 1st quarter worth $394,000.

Pacer Swan SOS Flex (January) ETF Company Profile

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.