Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) Short Interest Up 89.0% in June

Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 102,968 shares, a growth of 89.0% from the June 15th total of 54,494 shares. Based on an average trading volume of 34,293 shares, the short-interest ratio is presently 3.0 days. Approximately 0.8% of the shares of the stock are short sold.

Hedge Funds Weigh In On Palmer Square Credit Opportunities ETF

A number of hedge funds and other institutional investors have recently modified their holdings of PSQO. Atwood & Palmer Inc. raised its holdings in shares of Palmer Square Credit Opportunities ETF by 1.5% during the 2nd quarter. Atwood & Palmer Inc. now owns 2,048,978 shares of the company’s stock valued at $42,352,000 after buying an additional 29,739 shares in the last quarter. Advisory Resource Group boosted its stake in Palmer Square Credit Opportunities ETF by 27.5% in the fourth quarter. Advisory Resource Group now owns 1,108,459 shares of the company’s stock worth $22,861,000 after buying an additional 239,387 shares in the last quarter. Mariner LLC boosted its stake in Palmer Square Credit Opportunities ETF by 234.4% in the fourth quarter. Mariner LLC now owns 878,699 shares of the company’s stock worth $18,122,000 after buying an additional 615,942 shares in the last quarter. Lake Street Private Wealth LLC grew its position in Palmer Square Credit Opportunities ETF by 23.6% during the fourth quarter. Lake Street Private Wealth LLC now owns 612,021 shares of the company’s stock valued at $12,622,000 after acquiring an additional 117,045 shares during the last quarter. Finally, Savvy Advisors Inc. grew its position in Palmer Square Credit Opportunities ETF by 20.1% during the fourth quarter. Savvy Advisors Inc. now owns 62,447 shares of the company’s stock valued at $1,288,000 after acquiring an additional 10,470 shares during the last quarter.

Palmer Square Credit Opportunities ETF Stock Up 0.2%

NYSEARCA:PSQO traded up $0.04 during midday trading on Thursday, hitting $20.75. The company had a trading volume of 82,841 shares, compared to its average volume of 79,216. Palmer Square Credit Opportunities ETF has a 52-week low of $19.76 and a 52-week high of $21.03. The stock’s fifty day moving average price is $20.76 and its 200-day moving average price is $20.69.

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.