Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Short Interest Update

Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) was the target of a large growth in short interest during 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. Based on an average trading volume of 204,953 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.9% of the company’s shares are sold short.

Institutional Investors Weigh In On Palmer Square CLO Senior Debt ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Fifth Third Bancorp bought a new stake in shares of Palmer Square CLO Senior Debt ETF during the 1st quarter worth approximately $30,000. Farther Finance Advisors LLC acquired a new position in Palmer Square CLO Senior Debt ETF during the fourth quarter worth approximately $193,000. Jane Street Group LLC acquired a new position in Palmer Square CLO Senior Debt ETF during the second quarter worth approximately $211,000. Endeavor Private Wealth Inc. increased its position in Palmer Square CLO Senior Debt ETF by 13.5% during the fourth quarter. Endeavor Private Wealth Inc. now owns 11,255 shares of the company’s stock worth $229,000 after buying an additional 1,336 shares during the last quarter. Finally, Weaver Consulting Group acquired a new position in Palmer Square CLO Senior Debt ETF during the third quarter worth approximately $233,000.

Palmer Square CLO Senior Debt ETF Stock Down 0.1%

NYSEARCA PSQA opened at $20.63 on Wednesday. The stock’s 50-day moving average is $20.58 and its 200-day moving average is $20.52. Palmer Square CLO Senior Debt ETF has a one year low of $19.90 and a one year high of $20.92.

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.