Short Interest in Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Drops By 93.9%

Pacer Swan SOS Flex (April) ETF (BATS:PSFM) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,302 shares, a decrease of 93.9% from the July 15th total of 21,494 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 154 shares, the short-interest ratio is presently 8.5 days.

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

An institutional investor recently bought a new position in Pacer Swan SOS Flex (April) ETF stock. Citadel Advisors LLC bought a new stake in shares of Pacer Swan SOS Flex (April) ETF (BATS:PSFM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 9,893 shares of the company’s stock, valued at approximately $309,000. Citadel Advisors LLC owned about 1.32% of Pacer Swan SOS Flex (April) ETF at the end of the most recent quarter.

Pacer Swan SOS Flex (April) ETF Stock Down 0.1%

Shares of BATS PSFM traded down $0.03 during trading on Tuesday, reaching $35.41. 8 shares of the company traded hands, compared to its average volume of 1,576. The firm has a 50 day simple moving average of $34.87 and a 200-day simple moving average of $33.65. Pacer Swan SOS Flex has a 52-week low of $30.60 and a 52-week high of $35.44. The stock has a market capitalization of $26.56 million, a PE ratio of 24.41 and a beta of 0.61.

About Pacer Swan SOS Flex (April) ETF

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