Pacer Swan SOS Flex (October) ETF (BATS:PSFO) Short Interest Up 985.7% in June

Pacer Swan SOS Flex (October) ETF (BATS:PSFO) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,900 shares, a growth of 985.7% from the June 15th total of 175 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 1,324 shares, the days-to-cover ratio is presently 1.4 days.

Pacer Swan SOS Flex (October) ETF Price Performance

PSFO stock traded up $0.02 during mid-day trading on Friday, reaching $34.83. 3,702 shares of the company’s stock were exchanged, compared to its average volume of 3,555. Pacer Swan SOS Flex has a 12-month low of $30.28 and a 12-month high of $34.84. The stock’s 50 day moving average is $34.37 and its 200 day moving average is $33.18. The company has a market cap of $17.41 million, a price-to-earnings ratio of 25.24 and a beta of 0.50.

Institutional Investors Weigh In On Pacer Swan SOS Flex (October) ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. raised its position in Pacer Swan SOS Flex (October) ETF by 7.5% during the fourth quarter. Osaic Holdings Inc. now owns 6,448 shares of the company’s stock worth $209,000 after acquiring an additional 452 shares during the period. Calton & Associates Inc. acquired a new stake in shares of Pacer Swan SOS Flex (October) ETF in the fourth quarter valued at about $217,000. LPL Financial LLC purchased a new stake in shares of Pacer Swan SOS Flex (October) ETF during the fourth quarter worth about $235,000. Financial Network Wealth Advisors LLC increased its stake in shares of Pacer Swan SOS Flex (October) ETF by 58.6% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 11,434 shares of the company’s stock worth $370,000 after purchasing an additional 4,224 shares in the last quarter. Finally, Citadel Advisors LLC raised its position in shares of Pacer Swan SOS Flex (October) ETF by 122.7% during the 3rd quarter. Citadel Advisors LLC now owns 18,106 shares of the company’s stock worth $575,000 after purchasing an additional 9,974 shares during the last quarter.

Pacer Swan SOS Flex (October) ETF Company Profile

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.