Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) Short Interest Update

Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 102,968 shares, a growth of 89.0% from the June 15th total of 54,494 shares. Based on an average trading volume of 34,293 shares, the days-to-cover ratio is presently 3.0 days. Currently, 0.8% of the shares of the company are sold short.

Palmer Square Credit Opportunities ETF Trading Down 0.0%

Shares of Palmer Square Credit Opportunities ETF stock traded down $0.01 during midday trading on Friday, hitting $20.74. The company had a trading volume of 76,961 shares, compared to its average volume of 79,199. Palmer Square Credit Opportunities ETF has a 1-year low of $19.76 and a 1-year high of $21.03. The business’s 50 day simple moving average is $20.76 and its two-hundred day simple moving average is $20.69.

Institutional Trading of Palmer Square Credit Opportunities ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. FAS Wealth Partners Inc. increased its holdings in shares of Palmer Square Credit Opportunities ETF by 226.3% during the 4th quarter. FAS Wealth Partners Inc. now owns 2,738 shares of the company’s stock worth $56,000 after purchasing an additional 1,899 shares during the period. Elyxium Wealth LLC acquired a new stake in Palmer Square Credit Opportunities ETF during the fourth quarter worth about $72,000. Dynamic Advisor Solutions LLC acquired a new stake in Palmer Square Credit Opportunities ETF during the second quarter worth about $202,000. Endeavor Private Wealth Inc. grew its position in Palmer Square Credit Opportunities ETF by 13.7% during the fourth quarter. Endeavor Private Wealth Inc. now owns 11,249 shares of the company’s stock worth $232,000 after buying an additional 1,353 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in Palmer Square Credit Opportunities ETF during the second quarter valued at about $402,000.

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.