Pacer Swan SOS Conservative (October) ETF (BATS:PSCQ) Sees Large Growth in Short Interest

Pacer Swan SOS Conservative (October) ETF (BATS:PSCQ) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 2,026 shares, an increase of 5,688.6% from the July 15th total of 35 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 495 shares, the days-to-cover ratio is currently 4.1 days.

Hedge Funds Weigh In On Pacer Swan SOS Conservative (October) ETF

An institutional investor recently raised its position in Pacer Swan SOS Conservative (October) ETF stock. Pacer Advisors Inc. raised its stake in shares of Pacer Swan SOS Conservative (October) ETF (BATS:PSCQ) by 16.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,430,104 shares of the company’s stock after purchasing an additional 197,680 shares during the quarter. Pacer Advisors Inc. owned about 100.01% of Pacer Swan SOS Conservative (October) ETF worth $42,208,000 at the end of the most recent reporting period.

Pacer Swan SOS Conservative (October) ETF Stock Performance

BATS:PSCQ traded down $0.02 during midday trading on Tuesday, reaching $31.79. 3,447 shares of the stock traded hands, compared to its average volume of 1,035. The business has a 50-day moving average of $31.24 and a two-hundred day moving average of $30.35. Pacer Swan SOS Conservative has a 12-month low of $28.33 and a 12-month high of $31.81. The stock has a market capitalization of $45.46 million, a PE ratio of 24.86 and a beta of 0.39.

Pacer Swan SOS Conservative (October) ETF Company Profile

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.