Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) Short Interest Down 36.6% in July

Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 65,322 shares, a decrease of 36.6% from the June 30th total of 102,968 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 62,437 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Palmer Square Credit Opportunities ETF

A number of institutional investors and hedge funds have recently made changes to their positions in PSQO. FAS Wealth Partners Inc. boosted its holdings in Palmer Square Credit Opportunities ETF by 226.3% in the fourth quarter. FAS Wealth Partners Inc. now owns 2,738 shares of the company’s stock valued at $56,000 after acquiring an additional 1,899 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in Palmer Square Credit Opportunities ETF during the fourth quarter worth about $72,000. Dynamic Advisor Solutions LLC purchased a new position in shares of Palmer Square Credit Opportunities ETF in the 2nd quarter worth about $202,000. Endeavor Private Wealth Inc. raised its holdings in shares of Palmer Square Credit Opportunities ETF by 13.7% in the 4th quarter. Endeavor Private Wealth Inc. now owns 11,249 shares of the company’s stock worth $232,000 after purchasing an additional 1,353 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of Palmer Square Credit Opportunities ETF in the 2nd quarter valued at about $402,000.

Palmer Square Credit Opportunities ETF Price Performance

Shares of PSQO stock traded up $0.04 during mid-day trading on Thursday, hitting $20.73. 67,968 shares of the company’s stock were exchanged, compared to its average volume of 77,666. The stock has a 50-day simple moving average of $20.75 and a two-hundred day simple moving average of $20.70. Palmer Square Credit Opportunities ETF has a fifty-two week low of $19.76 and a fifty-two week 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.