Pacer Swan SOS Flex (October) ETF (BATS:PSFO) Sees Significant Growth in Short Interest

Pacer Swan SOS Flex (October) ETF (BATS:PSFO) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,900 shares, an increase of 985.7% from the June 15th total of 175 shares. Based on an average daily trading volume, of 1,324 shares, the short-interest ratio is currently 1.4 days. Approximately 0.4% of the shares of the stock are short sold.

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

Several institutional investors have recently modified their holdings of the stock. Pacer Advisors Inc. boosted its holdings in shares of Pacer Swan SOS Flex (October) ETF by 149.7% in the 4th quarter. Pacer Advisors Inc. now owns 895,600 shares of the company’s stock valued at $29,018,000 after buying an additional 536,905 shares in the last quarter. Swan Global Investments LLC increased its position in shares of Pacer Swan SOS Flex (October) ETF by 135.1% in the 4th quarter. Swan Global Investments LLC now owns 895,600 shares of the company’s stock valued at $29,017,000 after acquiring an additional 514,736 shares during the period. Uptick Partners LLC purchased a new stake in Pacer Swan SOS Flex (October) ETF during the 4th quarter valued at about $1,494,000. OLD Mission Capital LLC purchased a new position in Pacer Swan SOS Flex (October) ETF during the 4th quarter worth approximately $917,000. Finally, Citadel Advisors LLC increased its stake in shares of Pacer Swan SOS Flex (October) ETF by 122.7% in the third quarter. Citadel Advisors LLC now owns 18,106 shares of the company’s stock worth $575,000 after acquiring an additional 9,974 shares during the period.

Pacer Swan SOS Flex (October) ETF Stock Performance

Shares of BATS:PSFO traded up $0.02 on Friday, reaching $34.83. The company’s stock had a trading volume of 3,702 shares, compared to its average volume of 3,555. The company has a 50-day simple moving average of $34.35 and a 200 day simple moving average of $33.17. Pacer Swan SOS Flex has a 52-week low of $30.28 and a 52-week high of $34.84. The company has a market cap of $17.41 million, a P/E ratio of 25.24 and a beta of 0.50.

About Pacer Swan SOS Flex (October) ETF

The Pacer Swan SOS Flex (October) ETF (PSFO) is an exchange-traded fund that mostly invests in large cap equity. 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. PSFO was launched on Sep 30, 2021 and is managed by Pacer.