Short Interest in Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) Rises By 217.9%

Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 31,798 shares, an increase of 217.9% from the April 15th total of 10,001 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 40,377 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Investors Weigh In On Palmer Square Credit Opportunities ETF

Large investors have recently made changes to their positions in the business. Atwood & Palmer Inc. lifted its stake in shares of Palmer Square Credit Opportunities ETF by 3.5% in the 4th quarter. Atwood & Palmer Inc. now owns 1,901,096 shares of the company’s stock valued at $39,208,000 after purchasing an additional 65,132 shares during the period. Advisory Resource Group lifted its stake in shares of Palmer Square Credit Opportunities ETF by 27.5% in the 4th quarter. Advisory Resource Group now owns 1,108,459 shares of the company’s stock valued at $22,861,000 after purchasing an additional 239,387 shares during the period. Mariner LLC lifted its stake in shares of Palmer Square Credit Opportunities ETF by 234.4% in the 4th quarter. Mariner LLC now owns 878,699 shares of the company’s stock valued at $18,122,000 after purchasing an additional 615,942 shares during the period. Lake Street Private Wealth LLC lifted its stake in shares of Palmer Square Credit Opportunities ETF by 23.6% in the 4th quarter. Lake Street Private Wealth LLC now owns 612,021 shares of the company’s stock valued at $12,622,000 after purchasing an additional 117,045 shares during the period. Finally, Savvy Advisors Inc. lifted its stake in shares of Palmer Square Credit Opportunities ETF by 20.1% in the 4th quarter. Savvy Advisors Inc. now owns 62,447 shares of the company’s stock valued at $1,288,000 after purchasing an additional 10,470 shares during the period.

Palmer Square Credit Opportunities ETF Price Performance

Shares of PSQO stock traded up $0.01 during trading hours on Friday, reaching $20.77. The company’s stock had a trading volume of 126,098 shares, compared to its average volume of 95,224. Palmer Square Credit Opportunities ETF has a one year low of $19.76 and a one year high of $21.03. The firm’s fifty day simple moving average is $20.65 and its 200 day simple moving average is $20.69.

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.