Pacer Swan SOS Flex (October) ETF (BATS:PSFO) Sees Significant Decline in Short Interest

Pacer Swan SOS Flex (October) ETF (BATS:PSFO) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 220 shares, a drop of 88.4% from the June 30th total of 1,900 shares. Based on an average daily trading volume, of 19,561 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Uptick Partners LLC purchased a new position in Pacer Swan SOS Flex (October) ETF during the 4th quarter worth $1,494,000. Pacer Advisors Inc. lifted its holdings in shares of Pacer Swan SOS Flex (October) ETF by 149.7% in the 4th quarter. Pacer Advisors Inc. now owns 895,600 shares of the company’s stock worth $29,018,000 after buying an additional 536,905 shares during the period. Swan Global Investments LLC lifted its holdings in shares of Pacer Swan SOS Flex (October) ETF by 135.1% in the 4th quarter. Swan Global Investments LLC now owns 895,600 shares of the company’s stock worth $29,017,000 after buying an additional 514,736 shares during the period. Financial Network Wealth Advisors LLC grew its position in shares of Pacer Swan SOS Flex (October) ETF by 58.6% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 11,434 shares of the company’s stock worth $370,000 after buying an additional 4,224 shares in the last quarter. Finally, OLD Mission Capital LLC bought a new position in shares of Pacer Swan SOS Flex (October) ETF during the 4th quarter worth $917,000.

Pacer Swan SOS Flex (October) ETF Price Performance

Shares of PSFO stock opened at $34.62 on Friday. The company has a market capitalization of $17.31 million, a P/E ratio of 25.24 and a beta of 0.50. The company’s 50-day simple moving average is $34.51 and its two-hundred day simple moving average is $33.34. Pacer Swan SOS Flex has a one year low of $30.33 and a one year high of $34.91.

Pacer Swan SOS Flex (October) ETF Company Profile

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