Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO – Get Free Report) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 65,322 shares, a drop of 36.6% from the June 30th total of 102,968 shares. Based on an average daily trading volume, of 62,437 shares, the short-interest ratio is presently 1.0 days. Approximately 0.5% of the company’s shares are short sold.
Institutional Trading of Palmer Square Credit Opportunities ETF
A number of institutional investors have recently added to or reduced their stakes in PSQO. Jane Street Group LLC purchased a new position in Palmer Square Credit Opportunities ETF in the second quarter valued at about $402,000. Mariner LLC boosted its position in shares of Palmer Square Credit Opportunities ETF by 974.7% in the third quarter. Mariner LLC now owns 262,757 shares of the company’s stock worth $5,413,000 after buying an additional 238,307 shares during the period. Savvy Advisors Inc. grew its stake in shares of Palmer Square Credit Opportunities ETF by 20.1% in the fourth quarter. Savvy Advisors Inc. now owns 62,447 shares of the company’s stock valued at $1,288,000 after buying an additional 10,470 shares in the last quarter. Atwood & Palmer Inc. grew its stake in shares of Palmer Square Credit Opportunities ETF by 3.5% in the fourth quarter. Atwood & Palmer Inc. now owns 1,901,096 shares of the company’s stock valued at $39,208,000 after buying an additional 65,132 shares in the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in shares of Palmer Square Credit Opportunities ETF during the 4th quarter valued at about $72,000.
Palmer Square Credit Opportunities ETF Price Performance
PSQO traded up $0.04 during trading on Thursday, hitting $20.73. 67,968 shares of the company’s stock were exchanged, compared to its average volume of 77,666. Palmer Square Credit Opportunities ETF has a 1 year low of $19.76 and a 1 year high of $21.03. The stock has a 50 day moving average price of $20.75 and a 200 day moving average price of $20.70.
About Palmer Square Credit Opportunities ETF
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.
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