Short Interest in Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Rises By 620.9%

Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 28,115 shares, an increase of 620.9% from the December 31st total of 3,900 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 62,339 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 62,339 shares, the short-interest ratio is presently 0.5 days. Currently, 0.6% of the company’s stock are short sold.

Palmer Square CLO Senior Debt ETF Stock Up 0.0%

Shares of NYSEARCA:PSQA traded up $0.01 during mid-day trading on Wednesday, reaching $20.47. 25,232 shares of the stock were exchanged, compared to its average volume of 70,146. The stock’s 50 day simple moving average is $20.48 and its 200-day simple moving average is $20.43. Palmer Square CLO Senior Debt ETF has a one year low of $20.05 and a one year high of $20.68.

Institutional Trading of Palmer Square CLO Senior Debt ETF

Institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC bought a new position in Palmer Square CLO Senior Debt ETF in the fourth quarter valued at $193,000. Endeavor Private Wealth Inc. bought a new position in shares of Palmer Square CLO Senior Debt ETF in the 3rd quarter valued at about $201,000. FAS Wealth Partners Inc. bought a new position in shares of Palmer Square CLO Senior Debt ETF in the 2nd quarter valued at about $208,000. Jane Street Group LLC acquired a new stake in shares of Palmer Square CLO Senior Debt ETF in the second quarter valued at about $211,000. Finally, Weaver Consulting Group bought a new stake in Palmer Square CLO Senior Debt ETF during the third quarter worth about $233,000.

About Palmer Square CLO Senior Debt ETF

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.