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

Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 13,156 shares, a drop of 49.7% from the November 30th total of 26,156 shares. Based on an average daily volume of 36,738 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 36,738 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Palmer Square Credit Opportunities ETF

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

Palmer Square Credit Opportunities ETF Stock Down 0.1%

Shares of PSQO stock traded down $0.02 during mid-day trading on Friday, hitting $20.60. The company’s stock had a trading volume of 31,323 shares, compared to its average volume of 33,288. Palmer Square Credit Opportunities ETF has a 52-week low of $20.07 and a 52-week high of $20.90. The business has a 50-day moving average price of $20.74 and a 200 day moving average price of $20.67.

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.