Pacer Swan SOS Flex (October) ETF (BATS:PSFO) Stock Short Interest Jumps 8,989.3%

Pacer Swan SOS Flex (October) ETF (BATS:PSFO) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 26,359 shares, an increase of 8,989.3% from the October 15th total of 290 shares. Based on an average daily volume of 6,232 shares, the days-to-cover ratio is presently 4.2 days. Approximately 2.0% of the shares of the company are sold short.

Institutional Trading of Pacer Swan SOS Flex (October) ETF

A hedge fund recently bought a new stake in Pacer Swan SOS Flex (October) ETF stock. Blue Bell Private Wealth Management LLC purchased a new stake in Pacer Swan SOS Flex (October) ETF (BATS:PSFO) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,691 shares of the company’s stock, valued at approximately $133,000. Blue Bell Private Wealth Management LLC owned about 0.74% of Pacer Swan SOS Flex (October) ETF as of its most recent filing with the Securities and Exchange Commission.

Pacer Swan SOS Flex (October) ETF Trading Down 0.3%

Shares of BATS:PSFO traded down $0.10 on Tuesday, hitting $35.63. The company had a trading volume of 618 shares, compared to its average volume of 4,432. Pacer Swan SOS Flex has a 1-year low of $31.09 and a 1-year high of $36.42. The stock has a market cap of $46.32 million, a price-to-earnings ratio of 25.24 and a beta of 0.50. The stock has a 50 day moving average price of $35.87 and a 200 day moving average price of $34.25.

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.