Pacer Swan SOS Flex (January) ETF (BATS:PSFD) Sees Significant Growth in Short Interest

Pacer Swan SOS Flex (January) ETF (BATS:PSFD) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 5,038 shares, an increase of 231.9% from the August 15th total of 1,518 shares. Based on an average daily trading volume, of 1,699 shares, the short-interest ratio is currently 3.0 days. Approximately 0.3% of the company’s stock are sold short.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of PSFD. Pacer Advisors Inc. increased its stake in shares of 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 in 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 during the last quarter. Camarda Financial Advisors LLC grew its stake in shares of Pacer Swan SOS Flex (January) ETF by 3.6% in the 2nd quarter. Camarda Financial Advisors LLC now owns 77,994 shares of the company’s stock worth $2,704,000 after buying an additional 2,727 shares during the last quarter. Citadel Advisors LLC increased its position in Pacer Swan SOS Flex (January) ETF by 2.9% during the 3rd quarter. Citadel Advisors LLC now owns 21,507 shares of the company’s stock valued at $781,000 after buying an additional 606 shares in the last quarter. Finally, World Equity Group Inc. increased its position in Pacer Swan SOS Flex (January) ETF by 57.6% during the 2nd quarter. World Equity Group Inc. now owns 20,440 shares of the company’s stock valued at $814,000 after buying an additional 7,471 shares in the last quarter.

Pacer Swan SOS Flex (January) ETF Price Performance

BATS:PSFD opened at $40.78 on Friday. The firm’s 50-day moving average price is $40.37 and its 200-day moving average price is $39.11. The company has a market capitalization of $62.39 million, a PE ratio of 26.65 and a beta of 0.59. Pacer Swan SOS Flex has a 1-year low of $35.77 and a 1-year high of $40.92.

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.