Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Short Interest Up 179.9% in July

Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 29,118 shares, a growth of 179.9% from the June 30th total of 10,402 shares. Based on an average daily trading volume, of 59,995 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the shares of the company are sold short.

Hedge Funds Weigh In On Palmer Square CLO Senior Debt ETF

Several institutional investors have recently made changes to their positions in PSQA. Fifth Third Bancorp bought a new stake in shares of Palmer Square CLO Senior Debt ETF in the 1st quarter worth approximately $30,000. Farther Finance Advisors LLC acquired a new stake in Palmer Square CLO Senior Debt ETF in the fourth quarter worth $193,000. Jane Street Group LLC bought a new stake in Palmer Square CLO Senior Debt ETF in the second quarter valued at $211,000. Endeavor Private Wealth Inc. lifted its stake in Palmer Square CLO Senior Debt ETF by 13.5% in the fourth quarter. Endeavor Private Wealth Inc. now owns 11,255 shares of the company’s stock valued at $229,000 after buying an additional 1,336 shares during the last quarter. Finally, FAS Wealth Partners Inc. boosted its holdings in shares of Palmer Square CLO Senior Debt ETF by 83.2% during 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 during the period.

Palmer Square CLO Senior Debt ETF Stock Up 0.1%

Shares of NYSEARCA:PSQA opened at $20.57 on Wednesday. Palmer Square CLO Senior Debt ETF has a fifty-two week low of $19.90 and a fifty-two week high of $20.92. The firm has a 50-day simple moving average of $20.57 and a 200 day simple moving average of $20.53.

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.