Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Sees Large Decrease in Short Interest

Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 10,402 shares, a decrease of 75.1% from the June 15th total of 41,709 shares. Based on an average trading volume of 70,593 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC purchased a new stake in Palmer Square CLO Senior Debt ETF during the second quarter valued at approximately $211,000. Mariner LLC lifted its position in Palmer Square CLO Senior Debt ETF by 2,283.3% during the third quarter. Mariner LLC now owns 354,748 shares of the company’s stock valued at $7,201,000 after acquiring an additional 339,863 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in Palmer Square CLO Senior Debt ETF in the third quarter worth about $795,000. Firethorn Wealth Partners LLC grew its holdings in shares of Palmer Square CLO Senior Debt ETF by 12.8% during the fourth quarter. Firethorn Wealth Partners LLC now owns 176,078 shares of the company’s stock valued at $3,587,000 after buying an additional 19,990 shares during the last quarter. Finally, Savvy Advisors Inc. acquired a new position in Palmer Square CLO Senior Debt ETF in the 4th quarter worth approximately $537,000.

Palmer Square CLO Senior Debt ETF Stock Performance

PSQA stock traded up $0.01 during trading on Friday, hitting $20.50. 20,163 shares of the stock traded hands, compared to its average volume of 69,172. The firm’s 50 day moving average is $20.58 and its two-hundred day moving average is $20.52. Palmer Square CLO Senior Debt ETF has a 1 year low of $19.90 and a 1 year 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.