Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Short Interest Up 522.5% in April

Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 36,302 shares, a growth of 522.5% from the April 15th total of 5,832 shares. Based on an average trading volume of 78,848 shares, the short-interest ratio is presently 0.5 days. Currently, 0.6% of the shares of the company are short sold.

Institutional Investors Weigh In On Palmer Square CLO Senior Debt ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp acquired a new stake in Palmer Square CLO Senior Debt ETF during the first quarter worth approximately $30,000. Farther Finance Advisors LLC bought a new position in shares of Palmer Square CLO Senior Debt ETF in the fourth quarter worth $193,000. Jane Street Group LLC acquired a new position in Palmer Square CLO Senior Debt ETF in the second quarter valued at about $211,000. Endeavor Private Wealth Inc. raised 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 purchasing an additional 1,336 shares in the last quarter. Finally, Weaver Consulting Group bought a new stake in Palmer Square CLO Senior Debt ETF during the third quarter worth about $233,000.

Palmer Square CLO Senior Debt ETF Price Performance

Palmer Square CLO Senior Debt ETF stock remained flat at $20.61 during midday trading on Tuesday. 35,122 shares of the company’s stock traded hands, compared to its average volume of 58,118. Palmer Square CLO Senior Debt ETF has a twelve month low of $19.90 and a twelve month high of $20.85. The company has a fifty day simple moving average of $20.52 and a 200-day simple moving average of $20.49.

Palmer Square CLO Senior Debt ETF Company Profile

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.