Short Interest in Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Drops By 75.1%

Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 10,402 shares, a drop of 75.1% from the June 15th total of 41,709 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 70,593 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Palmer Square CLO Senior Debt ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Fifth Third Bancorp acquired a new stake in shares of Palmer Square CLO Senior Debt ETF during the first quarter worth $30,000. Farther Finance Advisors LLC acquired a new stake in shares of Palmer Square CLO Senior Debt ETF during the 4th quarter valued at approximately $193,000. Jane Street Group LLC purchased a new stake in shares of Palmer Square CLO Senior Debt ETF in the 2nd quarter worth about $211,000. Endeavor Private Wealth Inc. raised its position in shares of Palmer Square CLO Senior Debt ETF by 13.5% during the 4th quarter. Endeavor Private Wealth Inc. now owns 11,255 shares of the company’s stock worth $229,000 after purchasing an additional 1,336 shares during the last quarter. Finally, FAS Wealth Partners Inc. lifted its position in shares of Palmer Square CLO Senior Debt ETF by 83.2% in the fourth quarter. FAS Wealth Partners Inc. now owns 19,048 shares of the company’s stock valued at $388,000 after acquiring an additional 8,653 shares in the last quarter.

Palmer Square CLO Senior Debt ETF Stock Up 0.0%

Shares of NYSEARCA PSQA traded up $0.01 during trading on Friday, hitting $20.50. 20,163 shares of the company were exchanged, compared to its average volume of 69,172. The company has a fifty day moving average price of $20.58 and a 200-day moving average price of $20.52. Palmer Square CLO Senior Debt ETF has a 12-month low of $19.90 and a 12-month 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.