Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Short Interest Up 59.8% in May

Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 49,732 shares, a growth of 59.8% from the May 14th total of 31,129 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average trading volume of 204,953 shares, the short-interest ratio is currently 0.2 days.

Palmer Square CLO Senior Debt ETF Stock Down 0.1%

NYSEARCA:PSQA traded down $0.03 during trading hours on Tuesday, hitting $20.63. The stock had a trading volume of 20,436 shares, compared to its average volume of 68,373. The company has a 50 day simple moving average of $20.58 and a two-hundred day simple moving average of $20.52. Palmer Square CLO Senior Debt ETF has a one year low of $19.90 and a one year high of $20.92.

Institutional Investors Weigh In On Palmer Square CLO Senior Debt ETF

A number of institutional investors and hedge funds have recently made changes to their positions in PSQA. Jane Street Group LLC purchased a new position in Palmer Square CLO Senior Debt ETF during the second quarter worth about $211,000. Providence Financial Advisors LLC bought a new position in Palmer Square CLO Senior Debt ETF in the 3rd quarter worth about $3,611,000. OneDigital Investment Advisors LLC raised its holdings in shares of Palmer Square CLO Senior Debt ETF by 2.6% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 98,816 shares of the company’s stock valued at $2,006,000 after acquiring an additional 2,500 shares in the last quarter. Weaver Consulting Group bought a new stake in shares of Palmer Square CLO Senior Debt ETF during the 3rd quarter valued at about $233,000. Finally, Mariner LLC boosted its position in shares of Palmer Square CLO Senior Debt ETF by 2,283.3% during the 3rd quarter. Mariner LLC now owns 354,748 shares of the company’s stock valued at $7,201,000 after acquiring an additional 339,863 shares during the last quarter.

Palmer Square CLO Senior Debt ETF Company Profile

The Palmer Square CLO Senior Debt ETF (PSQA) is an exchange-traded fund that is based on the Palmer Square CLO Senior Debt index. The fund tracks a market value-weighted index of floating rate, USD-denominated arbitrage collateralized loan obligations (CLOs) rated as AAA or AA by at least one of the major rating agencies. The fund specifically invests in the senior tranches of a CLO PSQA was launched on Sep 11, 2024 and is issued by Palmer Square.