Pacer Swan SOS Flex (April) ETF (BATS:PSFM) Short Interest Update

Pacer Swan SOS Flex (April) ETF (BATS:PSFM) was the target of a significant increase in short interest during the month of 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 company’s stock are sold short. Based on an average daily trading volume, of 3,251 shares, the days-to-cover ratio is currently 2.5 days.

Institutional Trading of Pacer Swan SOS Flex (April) ETF

Several hedge funds have recently modified their holdings of the company. Anfield Capital Management LLC lifted its holdings in shares of Pacer Swan SOS Flex (April) ETF by 13.3% during the 3rd quarter. Anfield Capital Management LLC now owns 14,038 shares of the company’s stock valued at $438,000 after purchasing an additional 1,650 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of Pacer Swan SOS Flex (April) ETF during the 4th quarter valued at $71,000. Finally, Citadel Advisors LLC purchased a new position in shares of Pacer Swan SOS Flex (April) ETF in the 3rd quarter valued at approximately $309,000.

Pacer Swan SOS Flex (April) ETF Stock Performance

PSFM stock opened at $34.45 on Tuesday. The firm has a market cap of $25.84 million, a price-to-earnings ratio of 24.41 and a beta of 0.61. The firm has a 50-day simple moving average of $33.22 and a two-hundred day simple moving average of $32.29. Pacer Swan SOS Flex has a one year low of $29.09 and a one year high of $34.59.

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.