Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Short Interest Up 154.6% in July

Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 74,129 shares, an increase of 154.6% from the July 15th total of 29,118 shares. Based on an average daily volume of 150,184 shares, the short-interest ratio is presently 0.5 days. Currently, 0.9% of the shares of the company are sold short.

Institutional Trading of Palmer Square CLO Senior Debt ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PSQA. Mariner LLC raised its position in shares of Palmer Square CLO Senior Debt ETF by 244.0% in the fourth quarter. Mariner LLC now owns 1,220,405 shares of the company’s stock worth $24,860,000 after acquiring an additional 865,657 shares during the period. AE Wealth Management LLC acquired a new stake in shares of Palmer Square CLO Senior Debt ETF during the 4th quarter valued at about $4,817,000. FAS Wealth Partners Inc. increased its stake in shares of Palmer Square CLO Senior Debt ETF by 473.7% in the 1st quarter. FAS Wealth Partners Inc. now owns 109,285 shares of the company’s stock valued at $2,234,000 after purchasing an additional 90,237 shares in the last quarter. Canvas Wealth Advisors LLC purchased a new position in shares of Palmer Square CLO Senior Debt ETF in the 1st quarter valued at about $944,000. Finally, Susquehanna International Group LLP acquired a new position in Palmer Square CLO Senior Debt ETF in the 3rd quarter worth about $795,000.

Palmer Square CLO Senior Debt ETF Price Performance

Shares of NYSEARCA PSQA traded up $0.02 during midday trading on Friday, reaching $20.65. 72,900 shares of the stock were exchanged, compared to its average volume of 82,668. The firm has a 50-day simple moving average of $20.57 and a two-hundred day simple moving average of $20.55. Palmer Square CLO Senior Debt ETF has a twelve month low of $19.90 and a twelve month high of $20.92.

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.