Pacer Swan SOS Conservative (April) ETF (BATS:PSCW) Sees Significant Growth in Short Interest

Pacer Swan SOS Conservative (April) ETF (BATS:PSCW) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 6,696 shares, an increase of 76.8% from the June 15th total of 3,787 shares. Based on an average daily volume of 3,218 shares, the short-interest ratio is presently 2.1 days. Approximately 0.2% of the shares of the company are sold short.

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

Institutional investors have recently modified their holdings of the business. Kestra Advisory Services LLC bought a new position in Pacer Swan SOS Conservative (April) ETF in the fourth quarter worth about $54,000. Osaic Holdings Inc. raised its position in shares of Pacer Swan SOS Conservative (April) ETF by 14.3% during the 2nd quarter. Osaic Holdings Inc. now owns 25,068 shares of the company’s stock worth $665,000 after purchasing an additional 3,131 shares during the period. MML Investors Services LLC lifted its holdings in shares of Pacer Swan SOS Conservative (April) ETF by 18.4% in the 4th quarter. MML Investors Services LLC now owns 29,956 shares of the company’s stock worth $835,000 after purchasing an additional 4,653 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Pacer Swan SOS Conservative (April) ETF in the 2nd quarter worth approximately $167,000. Finally, Zacks Investment Management acquired a new position in Pacer Swan SOS Conservative (April) ETF during the 3rd quarter valued at approximately $234,000.

Pacer Swan SOS Conservative (April) ETF Stock Performance

Shares of BATS:PSCW opened at $30.13 on Friday. The company’s fifty day moving average is $29.91 and its two-hundred day moving average is $28.93. Pacer Swan SOS Conservative has a 1-year low of $26.43 and a 1-year high of $30.17. The stock has a market capitalization of $88.28 million, a price-to-earnings ratio of 24.80 and a beta of 0.43.

About Pacer Swan SOS Conservative (April) ETF

The Pacer Swan SOS Conservative (April) ETF (PSCW) 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 one-year period. The actively-managed fund holds options and collateral. PSCW was launched on Mar 31, 2021 and is managed by Pacer.