Short Interest in Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Increases By 154.6%

Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 74,129 shares, a growth of 154.6% from the July 15th total of 29,118 shares. Based on an average daily trading volume, of 150,184 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.9% of the shares of the company are sold short.

Palmer Square CLO Senior Debt ETF Trading Up 0.1%

NYSEARCA:PSQA opened at $20.65 on Friday. Palmer Square CLO Senior Debt ETF has a 1 year low of $19.90 and a 1 year high of $20.92. The firm’s fifty day simple moving average is $20.57 and its 200 day simple moving average is $20.55.

Hedge Funds Weigh In On Palmer Square CLO Senior Debt ETF

Institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp acquired a new position in shares of Palmer Square CLO Senior Debt ETF during the 1st quarter worth about $30,000. Farther Finance Advisors LLC bought a new position in Palmer Square CLO Senior Debt ETF in the 4th quarter worth approximately $193,000. Jane Street Group LLC bought a new position in Palmer Square CLO Senior Debt ETF in the 2nd quarter worth approximately $211,000. Endeavor Private Wealth Inc. lifted its holdings in shares of Palmer Square CLO Senior Debt ETF by 13.5% during the fourth quarter. Endeavor Private Wealth Inc. now owns 11,255 shares of the company’s stock worth $229,000 after buying an additional 1,336 shares during the last quarter. Finally, FAS Wealth Partners Inc. lifted 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 worth $388,000 after buying an additional 8,653 shares during 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.