Short Interest in Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Grows By 1,301.1%

Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 22,544 shares, an increase of 1,301.1% from the January 29th total of 1,609 shares. Based on an average daily volume of 52,537 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 52,537 shares, the short-interest ratio is presently 0.4 days.

Palmer Square CLO Senior Debt ETF Stock Down 0.1%

Palmer Square CLO Senior Debt ETF stock traded down $0.02 during trading hours on Wednesday, hitting $20.56. The stock had a trading volume of 51,207 shares, compared to its average volume of 61,097. The stock’s 50-day moving average price is $20.47 and its 200-day moving average price is $20.45. Palmer Square CLO Senior Debt ETF has a 12-month low of $20.05 and a 12-month high of $20.68.

Hedge Funds Weigh In On Palmer Square CLO Senior Debt ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC bought a new stake in shares of Palmer Square CLO Senior Debt ETF in the 4th quarter worth $193,000. Endeavor Private Wealth Inc. purchased a new stake in shares of Palmer Square CLO Senior Debt ETF during the third quarter valued at $201,000. FAS Wealth Partners Inc. purchased a new stake in shares of Palmer Square CLO Senior Debt ETF during the second quarter valued at $208,000. Jane Street Group LLC bought a new stake in Palmer Square CLO Senior Debt ETF in the 2nd quarter worth about $211,000. Finally, Weaver Consulting Group purchased a new position in Palmer Square CLO Senior Debt ETF in the 3rd quarter worth about $233,000.

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.