Short Interest in Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Grows By ∞

Pacer Swan SOS Flex (April) ETF (BATS:PSFM) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 8,025 shares, an increase of ∞ from the April 15th total of 0 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average trading volume of 3,251 shares, the short-interest ratio is currently 2.5 days.

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

Shares of BATS:PSFM opened at $34.45 on Friday. The company has a 50 day moving average of $33.17 and a 200 day moving average of $32.26. The stock has a market cap of $25.84 million, a P/E ratio of 24.41 and a beta of 0.61. Pacer Swan SOS Flex has a 12 month low of $29.09 and a 12 month high of $34.59.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of PSFM. Citadel Advisors LLC purchased a new position in Pacer Swan SOS Flex (April) ETF in the 3rd quarter worth approximately $309,000. Kestra Advisory Services LLC purchased a new position in Pacer Swan SOS Flex (April) ETF in the 4th quarter worth approximately $71,000. Finally, Anfield Capital Management LLC grew its stake in Pacer Swan SOS Flex (April) ETF by 13.3% in the 3rd quarter. Anfield Capital Management LLC now owns 14,038 shares of the company’s stock worth $438,000 after buying an additional 1,650 shares in the last quarter.

About Pacer Swan SOS Flex (April) ETF

The Pacer Swan SOS Flex (April) ETF (PSFM) 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. PSFM was launched on Mar 31, 2021 and is managed by Pacer.