Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) Short Interest Update

Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 10,332 shares, a drop of 21.5% from the December 15th total of 13,156 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 53,873 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 53,873 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are sold short.

Palmer Square Credit Opportunities ETF Price Performance

Shares of PSQO traded up $0.03 during trading hours on Monday, reaching $20.67. 199,845 shares of the company traded hands, compared to its average volume of 104,595. The business has a fifty day moving average price of $20.73 and a 200-day moving average price of $20.67. Palmer Square Credit Opportunities ETF has a 12-month low of $20.07 and a 12-month high of $20.90.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Endeavor Private Wealth Inc. acquired a new position in shares of Palmer Square Credit Opportunities ETF in the 3rd quarter valued at $204,000. Savvy Advisors Inc. purchased a new position in Palmer Square Credit Opportunities ETF in the second quarter valued at $205,000. Providence Financial Advisors LLC acquired a new position in shares of Palmer Square Credit Opportunities ETF in the third quarter worth about $283,000. Jane Street Group LLC purchased a new stake in shares of Palmer Square Credit Opportunities ETF during the 2nd quarter worth about $402,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in shares of Palmer Square Credit Opportunities ETF during the 3rd quarter valued at about $601,000.

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.