Short Interest in Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) Increases By 56.4%

Pacer Swan SOS Moderate (July) ETF (BATS:PSMJ) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 20,023 shares, a growth of 56.4% from the July 15th total of 12,803 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average trading volume of 4,985 shares, the short-interest ratio is presently 4.0 days.

Pacer Swan SOS Moderate (July) ETF Stock Performance

Shares of Pacer Swan SOS Moderate (July) ETF stock opened at $34.48 on Tuesday. The firm has a market cap of $86.20 million, a P/E ratio of 25.18 and a beta of 0.48. The firm’s 50-day simple moving average is $33.92 and its 200-day simple moving average is $33.13. Pacer Swan SOS Moderate has a twelve month low of $30.79 and a twelve month high of $34.60.

Institutional Investors Weigh In On Pacer Swan SOS Moderate (July) ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Premier Private Wealth Management LLC acquired a new stake in Pacer Swan SOS Moderate (July) ETF during the fourth quarter valued at approximately $333,000. Ameritas Advisory Services LLC acquired a new position in shares of Pacer Swan SOS Moderate (July) ETF in the 4th quarter worth approximately $322,000. OLD Mission Capital LLC acquired a new position in shares of Pacer Swan SOS Moderate (July) ETF in the 4th quarter worth approximately $298,000. JPMorgan Chase & Co. bought a new position in shares of Pacer Swan SOS Moderate (July) ETF during the 3rd quarter worth approximately $107,000. Finally, Advisory Services Network LLC bought a new position in shares of Pacer Swan SOS Moderate (July) ETF during the 3rd quarter worth approximately $89,000.

About Pacer Swan SOS Moderate (July) ETF

The Pacer Swan SOS Moderate (July) ETF (PSMJ) 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 the SPDR S&P 500 ETF over a specific holdings period. The actively-managed fund holds options and collateral. PSMJ was launched on Jun 30, 2021 and is managed by Pacer.