Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) Short Interest Up 1,451.1% in May

Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 729 shares, an increase of 1,451.1% from the April 30th total of 47 shares. Based on an average daily trading volume, of 2,109 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cetera Investment Advisers increased its position in Pacer Swan SOS Flex (July) ETF by 9.4% during the 1st quarter. Cetera Investment Advisers now owns 159,896 shares of the company’s stock valued at $5,222,000 after buying an additional 13,676 shares in the last quarter. World Equity Group Inc. increased its position in Pacer Swan SOS Flex (July) ETF by 54.4% during the 1st 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 in the last quarter. OLD Mission Capital LLC increased its position in Pacer Swan SOS Flex (July) ETF by 10.0% during the 4th quarter. OLD Mission Capital LLC now owns 44,208 shares of the company’s stock valued at $1,466,000 after buying an additional 4,015 shares in the last quarter. Calton & Associates Inc. bought a new position in Pacer Swan SOS Flex (July) ETF during the 4th quarter valued at approximately $359,000. Finally, Advisory Services Network LLC bought a new position in Pacer Swan SOS Flex (July) ETF during the 3rd quarter valued at approximately $1,628,000.

Pacer Swan SOS Flex (July) ETF Price Performance

PSFJ stock traded up $0.01 on Wednesday, reaching $34.93. 730 shares of the company traded hands, compared to its average volume of 1,678. Pacer Swan SOS Flex has a one year low of $29.42 and a one year high of $34.93. The company has a market cap of $27.07 million, a P/E ratio of 25.93 and a beta of 0.59. The firm has a fifty day simple moving average of $33.84 and a 200-day simple moving average of $33.38.

About Pacer Swan SOS Flex (July) ETF

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.