Short Interest in Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Drops By 74.9%

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 838 shares, a decline of 74.9% from the June 30th total of 3,343 shares. Based on an average trading volume of 456 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.0% of the company’s stock are sold short.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC acquired a new position in shares of Pacer Swan SOS Moderate (April) ETF in the 4th quarter valued at approximately $109,000. OLD Mission Capital LLC boosted its stake in shares of Pacer Swan SOS Moderate (April) ETF by 170.5% during the 4th quarter. OLD Mission Capital LLC now owns 34,096 shares of the company’s stock valued at $1,016,000 after buying an additional 21,493 shares during the last quarter. LPL Financial LLC grew its position in shares of Pacer Swan SOS Moderate (April) ETF by 2.2% during the fourth quarter. LPL Financial LLC now owns 43,935 shares of the company’s stock worth $1,309,000 after buying an additional 927 shares in the last quarter. Storen Legacy Partners LLC acquired a new stake in shares of Pacer Swan SOS Moderate (April) ETF during the fourth quarter worth approximately $1,317,000. Finally, Susquehanna International Group LLP bought a new stake in shares of Pacer Swan SOS Moderate (April) ETF in the third quarter worth $2,117,000.

Pacer Swan SOS Moderate (April) ETF Stock Performance

BATS:PSMR opened at $32.21 on Friday. Pacer Swan SOS Moderate has a one year low of $28.50 and a one year high of $32.35. The business’s 50-day simple moving average is $32.11 and its 200 day simple moving average is $31.04. The stock has a market cap of $105.65 million, a price-to-earnings ratio of 25.34 and a beta of 0.48.

About Pacer Swan SOS Moderate (April) ETF

The Pacer Swan SOS Moderate (April) ETF (PSMR) 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. PSMR was launched on Mar 31, 2021 and is managed by Pacer.