Pacer Swan SOS Conservative (April) ETF (BATS:PSCW) Sees Significant Increase in Short Interest

Pacer Swan SOS Conservative (April) ETF (BATS:PSCW) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 6,696 shares, a growth of 76.8% from the June 15th total of 3,787 shares. Based on an average daily trading volume, of 3,218 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.2% of the company’s stock are sold short.

Pacer Swan SOS Conservative (April) ETF Stock Down 0.2%

BATS:PSCW opened at $30.06 on Friday. The company has a market cap of $88.08 million, a PE ratio of 24.80 and a beta of 0.43. The business’s 50 day moving average is $29.92 and its two-hundred day moving average is $28.94. Pacer Swan SOS Conservative has a 52 week low of $26.43 and a 52 week high of $30.17.

Institutional Investors Weigh In On Pacer Swan SOS Conservative (April) ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. OLD Mission Capital LLC boosted its holdings in Pacer Swan SOS Conservative (April) ETF by 260.7% in the fourth quarter. OLD Mission Capital LLC now owns 45,975 shares of the company’s stock worth $1,282,000 after purchasing an additional 33,228 shares during the period. MML Investors Services LLC raised its holdings in shares of Pacer Swan SOS Conservative (April) ETF by 18.4% during the fourth quarter. MML Investors Services LLC now owns 29,956 shares of the company’s stock worth $835,000 after purchasing an additional 4,653 shares during the period. Osaic Holdings Inc. raised its holdings in shares of Pacer Swan SOS Conservative (April) ETF by 14.3% during the second quarter. Osaic Holdings Inc. now owns 25,068 shares of the company’s stock worth $665,000 after purchasing an additional 3,131 shares during the period. Zacks Investment Management bought a new position in shares of Pacer Swan SOS Conservative (April) ETF in the 3rd quarter worth about $234,000. Finally, JPMorgan Chase & Co. bought a new position in shares of Pacer Swan SOS Conservative (April) ETF in the 2nd quarter worth about $167,000.

About Pacer Swan SOS Conservative (April) ETF

The Pacer Swan SOS Conservative (April) ETF (PSCW) 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 SPDR S&P 500 ETF over a one-year period. The actively-managed fund holds options and collateral. PSCW was launched on Mar 31, 2021 and is managed by Pacer.