Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) Sees Significant Decrease in Short Interest

Pacer Swan SOS Flex (July) ETF (BATS:PSFJ) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 8,493 shares, a drop of 47.5% from the August 15th total of 16,170 shares. Based on an average trading volume of 11,546 shares, the short-interest ratio is currently 0.7 days. Approximately 1.1% of the company’s shares are short sold.

Pacer Swan SOS Flex (July) ETF Stock Performance

Pacer Swan SOS Flex (July) ETF stock opened at $35.65 on Wednesday. The company’s 50 day simple moving average is $35.59 and its 200-day simple moving average is $34.66. The company has a market capitalization of $27.63 million, a price-to-earnings ratio of 25.93 and a beta of 0.59. Pacer Swan SOS Flex has a 1 year low of $32.07 and a 1 year high of $36.08.

Institutional Trading of Pacer Swan SOS Flex (July) ETF

Several institutional investors have recently added to or reduced their stakes in the stock. World Equity Group Inc. lifted its stake in Pacer Swan SOS Flex (July) ETF by 58.7% during the second quarter. World Equity Group Inc. now owns 23,066 shares of the company’s stock worth $811,000 after purchasing an additional 8,536 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of 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 during the period. Finally, Calton & Associates Inc. acquired a new stake in shares of Pacer Swan SOS Flex (July) ETF in the fourth quarter valued at $359,000.

Pacer Swan SOS Flex (July) ETF Company Profile

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.