Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO – Get Free Report) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 98,912 shares, an increase of 99.0% from the July 30th total of 49,716 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 65,079 shares, the short-interest ratio is currently 1.5 days.
Palmer Square Credit Opportunities ETF Stock Up 0.1%
Shares of Palmer Square Credit Opportunities ETF stock traded up $0.03 during trading hours on Monday, hitting $20.86. 25,124 shares of the company’s stock traded hands, compared to its average volume of 75,200. Palmer Square Credit Opportunities ETF has a twelve month low of $19.76 and a twelve month high of $21.53. The stock has a 50 day simple moving average of $20.74 and a 200-day simple moving average of $20.72.
Institutional Investors Weigh In On Palmer Square Credit Opportunities ETF
A number of hedge funds have recently bought and sold shares of PSQO. FAS Wealth Partners Inc. boosted its stake in shares of Palmer Square Credit Opportunities ETF by 226.3% during the 4th quarter. FAS Wealth Partners Inc. now owns 2,738 shares of the company’s stock valued at $56,000 after buying an additional 1,899 shares during the last quarter. Elyxium Wealth LLC bought a new stake in shares of Palmer Square Credit Opportunities ETF in the fourth quarter worth $72,000. Dynamic Advisor Solutions LLC acquired a new stake in Palmer Square Credit Opportunities ETF in the second quarter valued at $202,000. Endeavor Private Wealth Inc. raised its holdings in Palmer Square Credit Opportunities ETF by 13.7% in the fourth quarter. Endeavor Private Wealth Inc. now owns 11,249 shares of the company’s stock valued at $232,000 after acquiring an additional 1,353 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in Palmer Square Credit Opportunities ETF during the 2nd quarter valued at $402,000.
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.
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