Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) Sees Significant Increase in Short Interest

Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 72,601 shares, a growth of 851.0% from the August 31st total of 7,634 shares. Based on an average trading volume of 12,720 shares, the short-interest ratio is currently 5.7 days. Approximately 2.9% of the shares of the stock are short sold.

Pacer Swan SOS Moderate (July) ETF Price Performance

BATS PSMJ traded up $0.02 during trading hours on Thursday, reaching $34.56. The company’s stock had a trading volume of 31,997 shares, compared to its average volume of 4,593. The firm has a market capitalization of $86.40 million, a price-to-earnings ratio of 25.18 and a beta of 0.48. The company’s 50-day moving average is $34.26 and its two-hundred day moving average is $33.52. Pacer Swan SOS Moderate has a 1-year low of $31.27 and a 1-year high of $34.72.

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

A hedge fund recently raised its position in Pacer Swan SOS Moderate (July) ETF stock. Ameritas Advisory Services LLC lifted its stake in shares of Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ – Free Report) by 33.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,300 shares of the company’s stock after purchasing an additional 3,300 shares during the period. Ameritas Advisory Services LLC owned 0.53% of Pacer Swan SOS Moderate (July) ETF worth $450,000 as of its most recent SEC filing.

Pacer Swan SOS Moderate (July) ETF Company Profile

(Get Free Report)

The Pacer Swan SOS Moderate (July) ETF (PSMJ) 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. PSMJ was launched on Jun 30, 2021 and is managed by Pacer.

Further Reading

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