Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) Short Interest Down 50.2% in August

Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 9,962 shares, a drop of 50.2% from the July 30th total of 20,023 shares. Based on an average daily volume of 3,093 shares, the days-to-cover ratio is currently 3.2 days. Approximately 0.4% of the company’s stock are short sold.

Pacer Swan SOS Moderate (July) ETF Price Performance

Shares of Pacer Swan SOS Moderate (July) ETF stock opened at $34.48 on Friday. The firm has a market cap of $86.20 million, a price-to-earnings ratio of 25.18 and a beta of 0.48. The stock’s 50-day moving average is $34.04 and its 200-day moving average is $33.25. Pacer Swan SOS Moderate has a one year low of $30.85 and a one year high of $34.60.

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

A number of large investors have recently bought and sold shares of PSMJ. Bank of America Corp DE bought a new position in shares of Pacer Swan SOS Moderate (July) ETF during the 3rd quarter worth approximately $31,000. Advisory Services Network LLC bought a new stake in shares of Pacer Swan SOS Moderate (July) ETF in the third quarter worth $89,000. JPMorgan Chase & Co. acquired a new position in Pacer Swan SOS Moderate (July) ETF during the third quarter worth $107,000. OLD Mission Capital LLC bought a new position in Pacer Swan SOS Moderate (July) ETF in the fourth quarter valued at $298,000. Finally, Ameritas Advisory Services LLC bought a new position in Pacer Swan SOS Moderate (July) ETF in the fourth quarter valued at $322,000.

About Pacer Swan SOS Moderate (July) ETF

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.