Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Short Interest Down 75.1% in June

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

Palmer Square CLO Senior Debt ETF Stock Performance

Shares of NYSEARCA:PSQA traded up $0.04 during mid-day trading on Monday, reaching $20.54. The stock had a trading volume of 20,704 shares, compared to its average volume of 68,802. The firm has a 50 day simple moving average of $20.58 and a two-hundred day simple moving average of $20.52. Palmer Square CLO Senior Debt ETF has a twelve month low of $19.90 and a twelve month high of $20.92.

Hedge Funds Weigh In On Palmer Square CLO Senior Debt ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Mariner LLC grew its holdings in shares of Palmer Square CLO Senior Debt ETF by 244.0% in the 4th quarter. Mariner LLC now owns 1,220,405 shares of the company’s stock valued at $24,860,000 after buying an additional 865,657 shares during the period. Ignite Planners LLC increased its holdings in shares of Palmer Square CLO Senior Debt ETF by 4.1% in the fourth quarter. Ignite Planners LLC now owns 276,526 shares of the company’s stock worth $5,660,000 after acquiring an additional 10,931 shares in the last quarter. AE Wealth Management LLC acquired a new stake in shares of Palmer Square CLO Senior Debt ETF during the fourth quarter worth about $4,817,000. Firethorn Wealth Partners LLC lifted its holdings in shares of Palmer Square CLO Senior Debt ETF by 12.8% during the 4th quarter. Firethorn Wealth Partners LLC now owns 176,078 shares of the company’s stock valued at $3,587,000 after purchasing an additional 19,990 shares in the last quarter. Finally, FAS Wealth Partners Inc. lifted its holdings in shares of Palmer Square CLO Senior Debt ETF by 473.7% during the 1st quarter. FAS Wealth Partners Inc. now owns 109,285 shares of the company’s stock valued at $2,234,000 after purchasing an additional 90,237 shares in the last quarter.

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.