Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) Short Interest Up 89.0% in June

Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) was the recipient of a large growth in short interest during 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. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 34,293 shares, the days-to-cover ratio is currently 3.0 days.

Institutional Investors Weigh In On Palmer Square Credit Opportunities ETF

Institutional investors have recently bought and sold shares of the company. Mariner LLC grew its stake in shares of Palmer Square Credit Opportunities ETF by 234.4% during the fourth quarter. Mariner LLC now owns 878,699 shares of the company’s stock worth $18,122,000 after acquiring an additional 615,942 shares during the last quarter. Advisory Resource Group grew its position in Palmer Square Credit Opportunities ETF by 27.5% during the 4th quarter. Advisory Resource Group now owns 1,108,459 shares of the company’s stock worth $22,861,000 after purchasing an additional 239,387 shares during the last quarter. Lake Street Private Wealth LLC increased its stake in Palmer Square Credit Opportunities ETF by 23.6% during the 4th quarter. Lake Street Private Wealth LLC now owns 612,021 shares of the company’s stock valued at $12,622,000 after purchasing an additional 117,045 shares in the last quarter. Atwood & Palmer Inc. raised its holdings in shares of Palmer Square Credit Opportunities ETF by 3.5% in the fourth quarter. Atwood & Palmer Inc. now owns 1,901,096 shares of the company’s stock worth $39,208,000 after buying an additional 65,132 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Palmer Square Credit Opportunities ETF during the fourth quarter worth $629,000.

Palmer Square Credit Opportunities ETF Trading Down 0.0%

PSQO opened at $20.74 on Friday. The business’s 50-day moving average is $20.76 and its two-hundred day moving average is $20.69. Palmer Square Credit Opportunities ETF has a 1 year low of $19.76 and a 1 year high of $21.03.

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.