Pacer Swan SOS Conservative (October) ETF (BATS:PSCQ) Short Interest Update

Pacer Swan SOS Conservative (October) ETF (BATS:PSCQ) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,439 shares, an increase of 4,011.4% from the August 15th total of 35 shares. Based on an average trading volume of 907 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Pacer Swan SOS Conservative (October) ETF stock. Pacer Advisors Inc. grew its holdings in Pacer Swan SOS Conservative (October) ETF (BATS:PSCQ) by 16.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,430,104 shares of the company’s stock after acquiring an additional 197,680 shares during the quarter. Pacer Advisors Inc. owned 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 Trading Down 0.2%

Shares of BATS:PSCQ traded down $0.06 during midday trading on Thursday, hitting $31.92. The company had a trading volume of 7 shares, compared to its average volume of 976. The firm has a fifty day simple moving average of $31.62 and a 200 day simple moving average of $30.69. The stock has a market cap of $45.65 million, a price-to-earnings ratio of 24.86 and a beta of 0.39. Pacer Swan SOS Conservative has a 12 month low of $28.45 and a 12 month high of $32.05.

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.