Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) Sees Large Decline in Short Interest

Pacer Swan SOS Flex (July) ETF (BATS:PSFJGet Free Report) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 16,170 shares, a drop of 73.1% from the July 30th total of 60,018 shares. Based on an average trading volume of 15,150 shares, the days-to-cover ratio is presently 1.1 days. Currently, 2.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PSFJ. Calton & Associates Inc. bought a new position in shares of Pacer Swan SOS Flex (July) ETF in the fourth quarter worth $359,000. World Equity Group Inc. boosted its stake in Pacer Swan SOS Flex (July) ETF by 54.4% during the first quarter. World Equity Group Inc. now owns 14,530 shares of the company’s stock valued at $475,000 after buying an additional 5,122 shares during the period. OLD Mission Capital LLC grew its position in Pacer Swan SOS Flex (July) ETF by 10.0% during the fourth quarter. OLD Mission Capital LLC now owns 44,208 shares of the company’s stock worth $1,466,000 after buying an additional 4,015 shares in the last quarter. Advisory Services Network LLC purchased a new position in Pacer Swan SOS Flex (July) ETF during the third quarter worth about $1,628,000. Finally, Cetera Investment Advisers grew its position in Pacer Swan SOS Flex (July) ETF by 9.4% during the first quarter. Cetera Investment Advisers now owns 159,896 shares of the company’s stock worth $5,222,000 after buying an additional 13,676 shares in the last quarter.

Pacer Swan SOS Flex (July) ETF Trading Up 0.4%

Shares of BATS:PSFJ opened at $35.95 on Friday. The company has a 50 day moving average of $35.39 and a 200 day moving average of $34.44. The stock has a market cap of $27.86 million, a P/E ratio of 25.93 and a beta of 0.59. Pacer Swan SOS Flex has a 12 month low of $31.65 and a 12 month high of $36.08.

Pacer Swan SOS Flex (July) ETF Company Profile

(Get Free Report)

The Pacer Swan SOS Flex (July) ETF (PSFJ) 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. PSFJ was launched on Jun 30, 2021 and is managed by Pacer.

Further Reading

Receive News & Ratings for Pacer Swan SOS Flex (July) ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacer Swan SOS Flex (July) ETF and related companies with MarketBeat.com's FREE daily email newsletter.