Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) Short Interest Update

Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 98,912 shares, a growth of 99.0% from the July 30th total of 49,716 shares. Based on an average trading volume of 65,079 shares, the short-interest ratio is currently 1.5 days. Approximately 0.7% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. 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 worth $56,000 after acquiring an additional 1,899 shares in the last quarter. Elyxium Wealth LLC bought a new position in shares of Palmer Square Credit Opportunities ETF during the fourth quarter valued at $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 position 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 last quarter. Finally, Jane Street Group LLC bought a new position in Palmer Square Credit Opportunities ETF in the 2nd quarter worth about $402,000.

Palmer Square Credit Opportunities ETF Stock Up 0.1%

Shares of NYSEARCA PSQO opened at $20.86 on Tuesday. Palmer Square Credit Opportunities ETF has a fifty-two week low of $19.76 and a fifty-two week high of $21.53. The company has a 50 day simple moving average of $20.74 and a two-hundred day simple moving average of $20.72.

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.