Pacer Swan SOS Fund of Funds ETF (BATS:PSFF) Sees Significant Increase in Short Interest

Pacer Swan SOS Fund of Funds ETF (BATS:PSFFGet Free Report) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 97,949 shares, a growth of 112.2% from the June 15th total of 46,152 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 63,843 shares, the short-interest ratio is currently 1.5 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of PSFF. Glen Eagle Advisors LLC grew its holdings in shares of Pacer Swan SOS Fund of Funds ETF by 0.8% during the 4th quarter. Glen Eagle Advisors LLC now owns 50,541 shares of the company’s stock worth $1,634,000 after purchasing an additional 408 shares in the last quarter. Ascension Capital Advisors Inc. boosted its position in shares of Pacer Swan SOS Fund of Funds ETF by 1.2% during the 1st quarter. Ascension Capital Advisors Inc. now owns 41,859 shares of the company’s stock valued at $1,341,000 after acquiring an additional 493 shares in the last quarter. Chicago Partners Investment Group LLC boosted its position in shares of Pacer Swan SOS Fund of Funds ETF by 1.2% during the 4th quarter. Chicago Partners Investment Group LLC now owns 71,223 shares of the company’s stock valued at $2,318,000 after acquiring an additional 854 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Pacer Swan SOS Fund of Funds ETF by 8.5% in the first quarter. Bank of New York Mellon Corp now owns 12,347 shares of the company’s stock valued at $396,000 after acquiring an additional 964 shares during the period. Finally, Geneos Wealth Management Inc. bought a new stake in Pacer Swan SOS Fund of Funds ETF in the second quarter valued at about $44,000.

Pacer Swan SOS Fund of Funds ETF Trading Up 0.2%

BATS PSFF opened at $34.42 on Wednesday. The company has a 50-day moving average price of $34.11 and a two-hundred day moving average price of $33.09. Pacer Swan SOS Fund of Funds ETF has a 52 week low of $30.46 and a 52 week high of $34.47. The stock has a market cap of $544.87 million, a price-to-earnings ratio of 24.86 and a beta of 0.47.

About Pacer Swan SOS Fund of Funds ETF

(Get Free Report)

The Pacer Swan SOS Fund of Funds ETF (PSFF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds of Pacer Swan SOS ETFs that provide exposure to US securities while limiting downside risk with buffers and caps over one year. PSFF was launched on Dec 29, 2020 and is managed by Pacer.

Further Reading

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