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

Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 13,156 shares, a decrease of 49.7% from the November 30th total of 26,156 shares. Based on an average trading volume of 36,738 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 36,738 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On Palmer Square Credit Opportunities ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in PSQO. Endeavor Private Wealth Inc. purchased a new position in shares of Palmer Square Credit Opportunities ETF in the third quarter valued at approximately $204,000. Savvy Advisors Inc. acquired a new position in Palmer Square Credit Opportunities ETF in the 2nd quarter valued at $205,000. Providence Financial Advisors LLC purchased a new position in Palmer Square Credit Opportunities ETF in the 3rd quarter valued at $283,000. Jane Street Group LLC purchased a new position in Palmer Square Credit Opportunities ETF in the 2nd quarter valued at $402,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in Palmer Square Credit Opportunities ETF during the 3rd quarter worth $601,000.

Palmer Square Credit Opportunities ETF Stock Performance

Palmer Square Credit Opportunities ETF stock remained flat at $20.60 during trading hours on Monday. The company’s stock had a trading volume of 19,374 shares, compared to its average volume of 33,232. The firm’s 50-day moving average price is $20.74 and its 200 day moving average price is $20.67. Palmer Square Credit Opportunities ETF has a twelve month low of $20.07 and a twelve month high of $20.90.

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.