Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) Short Interest Update

Pacer Swan SOS Moderate (April) ETF (BATS:PSMR) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 4,907 shares, a growth of 941.8% from the April 15th total of 471 shares. Based on an average daily trading volume, of 5,480 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in PSMR. Susquehanna International Group LLP purchased a new stake in shares of Pacer Swan SOS Moderate (April) ETF in the 3rd quarter valued at about $2,117,000. Storen Legacy Partners LLC purchased a new position in shares of Pacer Swan SOS Moderate (April) ETF during the 4th quarter valued at about $1,317,000. OLD Mission Capital LLC raised its holdings 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 valued at $1,016,000 after buying an additional 21,493 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Pacer Swan SOS Moderate (April) ETF during the 4th quarter valued at about $109,000. Finally, LPL Financial LLC raised its holdings in shares of Pacer Swan SOS Moderate (April) ETF by 2.2% during the 4th quarter. LPL Financial LLC now owns 43,935 shares of the company’s stock valued at $1,309,000 after buying an additional 927 shares in the last quarter.

Pacer Swan SOS Moderate (April) ETF Price Performance

Shares of BATS:PSMR opened at $31.86 on Tuesday. The company has a market capitalization of $104.50 million, a PE ratio of 25.34 and a beta of 0.48. The business has a fifty day moving average price of $30.75 and a two-hundred day moving average price of $30.08. Pacer Swan SOS Moderate has a 1 year low of $27.42 and a 1 year high of $31.87.

Pacer Swan SOS Moderate (April) ETF Company Profile

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.