Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) Short Interest Down 71.2% in February

Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) was the target of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 8,983 shares, a decline of 71.2% from the February 12th total of 31,162 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 28,894 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 28,894 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Palmer Square Credit Opportunities ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. FAS Wealth Partners Inc. grew its stake in shares of Palmer Square Credit Opportunities ETF by 226.3% during the fourth quarter. FAS Wealth Partners Inc. now owns 2,738 shares of the company’s stock worth $56,000 after buying an additional 1,899 shares during the last quarter. Mariner LLC lifted its holdings in Palmer Square Credit Opportunities ETF by 234.4% in the fourth quarter. Mariner LLC now owns 878,699 shares of the company’s stock valued at $18,122,000 after buying an additional 615,942 shares during the period. Jane Street Group LLC acquired a new position in Palmer Square Credit Opportunities ETF in the fourth quarter valued at approximately $629,000. Advisory Resource Group lifted its position in shares of Palmer Square Credit Opportunities ETF by 27.5% during the 4th quarter. Advisory Resource Group now owns 1,108,459 shares of the company’s stock valued at $22,861,000 after acquiring an additional 239,387 shares during the period. Finally, Endeavor Private Wealth Inc. raised its holdings in shares of Palmer Square Credit Opportunities ETF by 13.7% during the fourth quarter. Endeavor Private Wealth Inc. now owns 11,249 shares of the company’s stock valued at $232,000 after purchasing an additional 1,353 shares during the period.

Palmer Square Credit Opportunities ETF Stock Performance

Shares of NYSEARCA PSQO traded down $0.01 during midday trading on Thursday, hitting $20.62. 28,129 shares of the company’s stock were exchanged, compared to its average volume of 75,915. The company’s 50 day moving average price is $20.68 and its 200 day moving average price is $20.70. Palmer Square Credit Opportunities ETF has a 12 month low of $20.07 and a 12 month high of $20.90.

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.