Pacer Swan SOS Moderate (October) ETF (BATS:PSMO) Sees Significant Decrease in Short Interest

Pacer Swan SOS Moderate (October) ETF (BATS:PSMO) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 552 shares, a decline of 79.3% from the June 30th total of 2,662 shares. Based on an average daily trading volume, of 619 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.0% of the shares of the stock are short sold.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Orion Capital Management LLC acquired a new position in shares of Pacer Swan SOS Moderate (October) ETF during the 4th quarter valued at $37,000. Advisory Services Network LLC acquired a new stake in shares of Pacer Swan SOS Moderate (October) ETF in the third quarter valued at $103,000. Socha Financial Group LLC acquired a new stake in shares of Pacer Swan SOS Moderate (October) ETF in the fourth quarter valued at $218,000. Allie Family Office LLC bought a new position in Pacer Swan SOS Moderate (October) ETF during the fourth quarter valued at about $368,000. Finally, Storen Legacy Partners LLC bought a new position in Pacer Swan SOS Moderate (October) ETF during the fourth quarter valued at about $377,000.

Pacer Swan SOS Moderate (October) ETF Trading Up 0.1%

Shares of BATS:PSMO opened at $32.57 on Friday. The company has a 50 day moving average of $32.43 and a 200-day moving average of $31.49. The firm has a market cap of $110.09 million, a P/E ratio of 24.78 and a beta of 0.40. Pacer Swan SOS Moderate has a twelve month low of $29.04 and a twelve month high of $32.75.

About Pacer Swan SOS Moderate (October) ETF

The Pacer Swan SOS Moderate (October) ETF (PSMO) 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 specific holdings period. The actively-managed fund holds options and collateral. PSMO was launched on Sep 30, 2021 and is managed by Pacer.