Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) Short Interest Up 218.7% in January

Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 32,929 shares, a growth of 218.7% from the December 31st total of 10,332 shares. Based on an average daily trading volume, of 95,127 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.5% of the shares of the stock are short sold. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 95,127 shares, the days-to-cover ratio is currently 0.3 days.

Palmer Square Credit Opportunities ETF Stock Performance

Shares of PSQO remained flat at $20.68 during midday trading on Friday. The stock had a trading volume of 90,973 shares, compared to its average volume of 75,174. The firm has a 50 day moving average of $20.72 and a 200 day moving average of $20.68. Palmer Square Credit Opportunities ETF has a 12 month low of $20.07 and a 12 month high of $20.90.

Hedge Funds Weigh In On Palmer Square Credit Opportunities ETF

Several institutional investors and hedge funds have recently bought and sold shares of PSQO. Endeavor Private Wealth Inc. purchased a new stake in Palmer Square Credit Opportunities ETF in the 3rd quarter worth approximately $204,000. Savvy Advisors Inc. acquired a new position in shares of Palmer Square Credit Opportunities ETF in the second quarter worth $205,000. Providence Financial Advisors LLC purchased a new stake in shares of Palmer Square Credit Opportunities ETF during the third quarter worth $283,000. Jane Street Group LLC purchased a new stake in shares of Palmer Square Credit Opportunities ETF during the second quarter worth $402,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in Palmer Square Credit Opportunities ETF during the third quarter valued at $601,000.

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.