Pacer Swan SOS Moderate (October) ETF (BATS:PSMO) Stock Short Interest Climbs 51,375.0%

Pacer Swan SOS Moderate (October) ETF (BATS:PSMO) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 74,124 shares, an increase of 51,375.0% from the September 30th total of 144 shares. Currently, 2.2% of the company’s stock are short sold. Based on an average daily volume of 26,362 shares, the days-to-cover ratio is presently 2.8 days.

Pacer Swan SOS Moderate (October) ETF Trading Up 0.4%

Shares of BATS:PSMO traded up $0.12 during mid-day trading on Monday, hitting $33.65. 5,207 shares of the company traded hands, compared to its average volume of 4,451. The stock has a market cap of $113.74 million, a P/E ratio of 24.78 and a beta of 0.40. Pacer Swan SOS Moderate has a 12-month low of $29.68 and a 12-month high of $33.92. The stock has a 50-day moving average price of $33.47 and a two-hundred day moving average price of $32.69.

Hedge Funds Weigh In On Pacer Swan SOS Moderate (October) ETF

An institutional investor recently raised its position in Pacer Swan SOS Moderate (October) ETF stock. Cetera Investment Advisers raised its holdings in Pacer Swan SOS Moderate (October) ETF (BATS:PSMO) by 1.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,941 shares of the company’s stock after purchasing an additional 437 shares during the period. Cetera Investment Advisers owned 1.27% of Pacer Swan SOS Moderate (October) ETF worth $1,296,000 at the end of the most recent reporting period.

Pacer Swan SOS Moderate (October) ETF Company Profile

The Pacer Swan SOS Moderate (October) ETF (PSMO) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPDR S&P 500 ETF over a specific holdings period. The actively-managed fund holds options and collateral. PSMO was launched on Sep 30, 2021 and is managed by Pacer.