Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) Sees Large Decrease in Short Interest

Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) was the recipient of a significant drop in short interest in 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. Based on an average daily volume of 53,873 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 53,873 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of PSQO. Accurate Wealth Management LLC grew its position in Palmer Square Credit Opportunities ETF by 8.6% during the 2nd quarter. Accurate Wealth Management LLC now owns 44,473 shares of the company’s stock worth $911,000 after purchasing an additional 3,519 shares during the last quarter. Savvy Advisors Inc. acquired a new position in shares of Palmer Square Credit Opportunities ETF in the 2nd quarter valued at $205,000. Advisory Resource Group boosted its holdings in Palmer Square Credit Opportunities ETF by 1.0% during the second quarter. Advisory Resource Group now owns 839,836 shares of the company’s stock worth $17,208,000 after buying an additional 8,174 shares in the last quarter. BlackDiamond Wealth Management LLC increased its stake in shares of Palmer Square Credit Opportunities ETF by 5.4% in the 2nd quarter. BlackDiamond Wealth Management LLC now owns 106,063 shares of the company’s stock valued at $2,173,000 after purchasing an additional 5,431 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of Palmer Square Credit Opportunities ETF during the 2nd quarter worth approximately $402,000.

Palmer Square Credit Opportunities ETF Trading Up 0.1%

Shares of NYSEARCA PSQO opened at $20.67 on Tuesday. The business’s 50 day moving average price is $20.73 and its 200-day moving average price is $20.68. Palmer Square Credit Opportunities ETF has a fifty-two week low of $20.07 and a fifty-two week high of $20.90.

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.