Short Interest in Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Increases By 2,321.1%

Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 85,369 shares, a growth of 2,321.1% from the April 30th total of 3,526 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average trading volume of 71,638 shares, the days-to-cover ratio is presently 1.2 days.

Pacer Swan SOS Fund of Funds ETF Stock Performance

PSFF stock traded up $0.02 during trading on Wednesday, hitting $34.12. 39,314 shares of the company traded hands, compared to its average volume of 68,989. The firm has a market capitalization of $540.12 million, a PE ratio of 24.86 and a beta of 0.47. Pacer Swan SOS Fund of Funds ETF has a 1 year low of $29.27 and a 1 year high of $34.14. The company has a 50-day moving average of $33.04 and a 200-day moving average of $32.54.

Institutional Investors Weigh In On Pacer Swan SOS Fund of Funds ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Verus Capital Partners LLC lifted its holdings in Pacer Swan SOS Fund of Funds ETF by 3.6% in the 1st quarter. Verus Capital Partners LLC now owns 217,742 shares of the company’s stock worth $6,977,000 after buying an additional 7,552 shares during the period. NewEdge Advisors LLC lifted its holdings in Pacer Swan SOS Fund of Funds ETF by 5.9% in the 1st quarter. NewEdge Advisors LLC now owns 322,269 shares of the company’s stock worth $10,327,000 after buying an additional 17,996 shares during the period. Core Wealth Advisors Inc. lifted its holdings in Pacer Swan SOS Fund of Funds ETF by 21.7% in the 1st quarter. Core Wealth Advisors Inc. now owns 171,712 shares of the company’s stock worth $5,502,000 after buying an additional 30,608 shares during the period. Ascension Capital Advisors Inc. lifted its holdings in Pacer Swan SOS Fund of Funds ETF by 1.2% in the 1st quarter. Ascension Capital Advisors Inc. now owns 41,859 shares of the company’s stock worth $1,341,000 after buying an additional 493 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in Pacer Swan SOS Fund of Funds ETF by 6.7% in the 1st quarter. Cetera Investment Advisers now owns 1,801,393 shares of the company’s stock worth $57,725,000 after buying an additional 113,102 shares during the period.

Pacer Swan SOS Fund of Funds ETF Company Profile

The Pacer Swan SOS Fund of Funds ETF (PSFF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds of Pacer Swan SOS ETFs that provide exposure to US securities while limiting downside risk with buffers and caps over one year. PSFF was launched on Dec 29, 2020 and is managed by Pacer.