Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Sees Significant Increase in Short Interest

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 24,767 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average daily trading volume, of 3,621 shares, the short-interest ratio is currently 6.8 days. Currently, 0.8% of the shares of the company are short sold.

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

A number of large investors have recently bought and sold shares of PSMR. LPL Financial LLC boosted its position in Pacer Swan SOS Moderate (April) ETF by 2.2% during the fourth quarter. LPL Financial LLC now owns 43,935 shares of the company’s stock worth $1,309,000 after purchasing an additional 927 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Pacer Swan SOS Moderate (April) ETF during the 4th quarter worth approximately $109,000. OLD Mission Capital LLC raised its stake in shares of Pacer Swan SOS Moderate (April) ETF by 170.5% during the 4th quarter. OLD Mission Capital LLC now owns 34,096 shares of the company’s stock worth $1,016,000 after buying an additional 21,493 shares during the period. Storen Legacy Partners LLC acquired a new position in shares of Pacer Swan SOS Moderate (April) ETF during the 4th quarter worth approximately $1,317,000. Finally, Susquehanna International Group LLP purchased a new position in shares of Pacer Swan SOS Moderate (April) ETF during the 3rd quarter valued at approximately $2,117,000.

Pacer Swan SOS Moderate (April) ETF Stock Performance

Shares of Pacer Swan SOS Moderate (April) ETF stock opened at $32.19 on Wednesday. The firm has a 50-day simple moving average of $31.90 and a two-hundred day simple moving average of $30.74. Pacer Swan SOS Moderate has a fifty-two week low of $28.32 and a fifty-two week high of $32.23. The company has a market cap of $105.58 million, a P/E ratio of 25.34 and a beta of 0.48.

About Pacer Swan SOS Moderate (April) ETF

The Pacer Swan SOS Moderate (April) ETF (PSMR) 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 SPDR S&P 500 ETF over a specific holdings period. The actively-managed fund holds options and collateral. PSMR was launched on Mar 31, 2021 and is managed by Pacer.