Short Interest in Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Grows By 620.9%

Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 28,115 shares, a growth of 620.9% from the December 31st total of 3,900 shares. Based on an average trading volume of 62,339 shares, the short-interest ratio is currently 0.5 days. Currently, 0.6% of the company’s stock are short sold. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 62,339 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Palmer Square CLO Senior Debt ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC acquired a new position in shares of Palmer Square CLO Senior Debt ETF in the fourth quarter valued at $193,000. Endeavor Private Wealth Inc. acquired a new position in shares of Palmer Square CLO Senior Debt ETF in the 3rd quarter valued at approximately $201,000. FAS Wealth Partners Inc. acquired a new position in Palmer Square CLO Senior Debt ETF during the second quarter valued at approximately $208,000. Jane Street Group LLC bought a new position in shares of Palmer Square CLO Senior Debt ETF in the second quarter worth about $211,000. Finally, Weaver Consulting Group acquired a new position in shares of Palmer Square CLO Senior Debt ETF during the third quarter worth $233,000.

Palmer Square CLO Senior Debt ETF Price Performance

Shares of NYSEARCA:PSQA traded down $0.01 during midday trading on Thursday, hitting $20.46. The stock had a trading volume of 47,235 shares, compared to its average volume of 68,939. The business’s 50-day simple moving average is $20.48 and its 200-day simple moving average is $20.43. Palmer Square CLO Senior Debt ETF has a 12 month low of $20.05 and a 12 month high of $20.68.

About Palmer Square CLO Senior Debt ETF

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.