Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Short Interest Down 46.0% in April

Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 5,832 shares, a drop of 46.0% from the March 31st total of 10,809 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 48,002 shares, the days-to-cover ratio is currently 0.1 days.

Palmer Square CLO Senior Debt ETF Trading Down 0.2%

Shares of PSQA stock traded down $0.05 on Wednesday, reaching $20.55. 24,286 shares of the stock were exchanged, compared to its average volume of 56,990. The firm has a 50 day moving average of $20.52 and a two-hundred day moving average of $20.48. Palmer Square CLO Senior Debt ETF has a 1-year low of $20.19 and a 1-year high of $20.73.

Institutional Investors Weigh In On Palmer Square CLO Senior Debt ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Canvas Wealth Advisors LLC purchased a new position in shares of Palmer Square CLO Senior Debt ETF in the 1st quarter worth about $944,000. FAS Wealth Partners Inc. grew its holdings in shares of Palmer Square CLO Senior Debt ETF by 83.2% during the 4th quarter. FAS Wealth Partners Inc. now owns 19,048 shares of the company’s stock worth $388,000 after purchasing an additional 8,653 shares during the period. Mariner LLC grew its holdings in shares of Palmer Square CLO Senior Debt ETF by 244.0% during the 4th quarter. Mariner LLC now owns 1,220,405 shares of the company’s stock worth $24,860,000 after purchasing an additional 865,657 shares during the period. Jane Street Group LLC increased its position in Palmer Square CLO Senior Debt ETF by 13.7% during the 4th quarter. Jane Street Group LLC now owns 19,380 shares of the company’s stock worth $395,000 after purchasing an additional 2,335 shares in the last quarter. Finally, Endeavor Private Wealth Inc. increased its position in 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 in the last quarter.

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.