Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) Short Interest Up 22.6% in February

Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 31,162 shares, an increase of 22.6% from the January 29th total of 25,421 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 162,107 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 162,107 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.5% of the shares of the company are sold short.

Palmer Square Credit Opportunities ETF Price Performance

NYSEARCA:PSQO traded down $0.01 during mid-day trading on Tuesday, hitting $20.69. 27,288 shares of the company’s stock traded hands, compared to its average volume of 84,190. The firm has a 50 day moving average of $20.68 and a two-hundred day moving average of $20.71. Palmer Square Credit Opportunities ETF has a 12 month low of $20.07 and a 12 month high of $20.90.

Hedge Funds Weigh In On Palmer Square Credit Opportunities ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. FAS Wealth Partners Inc. boosted its holdings in Palmer Square Credit Opportunities ETF by 226.3% in the 4th quarter. FAS Wealth Partners Inc. now owns 2,738 shares of the company’s stock valued at $56,000 after purchasing an additional 1,899 shares during the period. Elyxium Wealth LLC acquired a new position in shares of Palmer Square Credit Opportunities ETF during the fourth quarter valued at about $72,000. Endeavor Private Wealth Inc. bought a new stake in shares of Palmer Square Credit Opportunities ETF in the third quarter valued at about $204,000. Savvy Advisors Inc. bought a new stake in shares of Palmer Square Credit Opportunities ETF in the second quarter valued at about $205,000. Finally, Providence Financial Advisors LLC acquired a new stake in Palmer Square Credit Opportunities ETF during the third quarter worth about $283,000.

Palmer Square Credit Opportunities ETF Company Profile

The Palmer Square Credit Opportunities ETF (PSQO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks high current income and long-term capital growth through an actively managed portfolio that holds debt securities of any credit rating and maturity issued by governments and corporations from around the globe. PSQO was launched on Sep 11, 2024 and is issued by Palmer Square.