Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Short Interest Up 522.5% in April

Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 36,302 shares, an increase of 522.5% from the April 15th total of 5,832 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 78,848 shares, the days-to-cover ratio is currently 0.5 days.

Palmer Square CLO Senior Debt ETF Stock Performance

Shares of PSQA remained flat at $20.61 during trading hours on Tuesday. The stock had a trading volume of 35,122 shares, compared to its average volume of 58,118. Palmer Square CLO Senior Debt ETF has a one year low of $19.90 and a one year high of $20.85. The stock has a 50 day moving average price of $20.52 and a 200-day moving average price of $20.49.

Hedge Funds Weigh In On Palmer Square CLO Senior Debt ETF

Large investors have recently bought and sold shares of the company. Jane Street Group LLC acquired a new stake in shares of Palmer Square CLO Senior Debt ETF during the second quarter valued at about $211,000. MGO One Seven LLC increased its stake in shares of Palmer Square CLO Senior Debt ETF by 49.0% in the third quarter. MGO One Seven LLC now owns 24,971 shares of the company’s stock valued at $507,000 after buying an additional 8,214 shares during the period. Fullcircle Wealth LLC bought a new position in Palmer Square CLO Senior Debt ETF in the 3rd quarter valued at approximately $398,000. Providence Financial Advisors LLC acquired a new stake in Palmer Square CLO Senior Debt ETF during the 3rd quarter worth approximately $3,611,000. Finally, OneDigital Investment Advisors LLC boosted its position in Palmer Square CLO Senior Debt ETF by 2.6% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 98,816 shares of the company’s stock worth $2,006,000 after buying an additional 2,500 shares during the period.

Palmer Square CLO Senior Debt ETF Company Profile

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.