Pacer Swan SOS Conservative (October) ETF (BATS:PSCQ) Short Interest Down 57.3% in May

Pacer Swan SOS Conservative (October) ETF (BATS:PSCQ) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 164 shares, a drop of 57.3% from the May 14th total of 384 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 66 shares, the short-interest ratio is currently 2.5 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Pacer Swan SOS Conservative (October) ETF stock. Nova Wealth Management Inc. grew its stake in Pacer Swan SOS Conservative (October) ETF (BATS:PSCQ) by 124.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,059 shares of the company’s stock after buying an additional 3,359 shares during the period. Nova Wealth Management Inc. owned 0.42% of Pacer Swan SOS Conservative (October) ETF worth $179,000 at the end of the most recent quarter.

Pacer Swan SOS Conservative (October) ETF Trading Up 0.4%

BATS PSCQ opened at $30.82 on Friday. The company has a fifty day simple moving average of $30.45 and a two-hundred day simple moving average of $29.81. The stock has a market cap of $44.07 million, a P/E ratio of 24.86 and a beta of 0.39. Pacer Swan SOS Conservative has a 12-month low of $26.99 and a 12-month high of $31.15.

About Pacer Swan SOS Conservative (October) ETF

The Pacer Swan SOS Conservative (October) ETF (PSCQ) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPDR S&P 500 ETF over a one-year period. The actively-managed fund holds options and collateral. PSCQ was launched on Sep 30, 2021 and is managed by Pacer.