Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) Shares Shorted: Short Interest Up 67.2% in October

Pacer Swan SOS Moderate (January) ETF (BATS:PSMD) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 8,188 shares, an increase of 67.2% from the September 30th total of 4,896 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 820 shares, the days-to-cover ratio is currently 10.0 days.

Pacer Swan SOS Moderate (January) ETF Stock Performance

BATS PSMD opened at $35.20 on Monday. The company has a market capitalization of $102.08 million, a PE ratio of 25.75 and a beta of 0.47. Pacer Swan SOS Moderate has a 52-week low of $30.84 and a 52-week high of $35.52. The company has a 50-day simple moving average of $35.19 and a 200 day simple moving average of $33.90.

Institutional Investors Weigh In On Pacer Swan SOS Moderate (January) ETF

Large investors have recently modified their holdings of the stock. Cetera Investment Advisers raised its holdings in shares of Pacer Swan SOS Moderate (January) ETF by 3.0% in the 1st quarter. Cetera Investment Advisers now owns 11,172 shares of the company’s stock worth $356,000 after purchasing an additional 327 shares during the period. Blue Bell Private Wealth Management LLC bought a new position in Pacer Swan SOS Moderate (January) ETF during the third quarter valued at $41,000. Signature Equity Partners LLC bought a new position in Pacer Swan SOS Moderate (January) ETF during the third quarter valued at $83,000. Kestra Advisory Services LLC increased its position in Pacer Swan SOS Moderate (January) ETF by 76.8% in the first quarter. Kestra Advisory Services LLC now owns 6,630 shares of the company’s stock worth $211,000 after buying an additional 2,880 shares during the last quarter. Finally, Insight Wealth Strategies LLC increased its position in Pacer Swan SOS Moderate (January) ETF by 16.3% in the third quarter. Insight Wealth Strategies LLC now owns 46,716 shares of the company’s stock worth $1,643,000 after buying an additional 6,546 shares during the last quarter.

Pacer Swan SOS Moderate (January) ETF Company Profile

The Pacer Swan SOS Moderate (January) ETF (PSMD) 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. PSMD was launched on Dec 22, 2020 and is managed by Pacer.