Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Short Interest Down 39.5% in December
by Renee Jackson · The Cerbat GemPalmer Square CLO Senior Debt ETF (NYSEARCA:PSQA – Get Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 7,271 shares, a decrease of 39.5% from the November 30th total of 12,025 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 38,353 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 38,353 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the company’s stock are short sold.
Institutional Investors Weigh In On Palmer Square CLO Senior Debt ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Endeavor Private Wealth Inc. purchased a new position in Palmer Square CLO Senior Debt ETF during the third quarter worth approximately $201,000. FAS Wealth Partners Inc. purchased a new stake in Palmer Square CLO Senior Debt ETF in the 2nd quarter worth $208,000. Jane Street Group LLC acquired a new position in Palmer Square CLO Senior Debt ETF during the second quarter worth $211,000. Weaver Consulting Group purchased a new position in Palmer Square CLO Senior Debt ETF during the third quarter valued at $233,000. Finally, MGO One Seven LLC acquired a new stake in shares of Palmer Square CLO Senior Debt ETF in the second quarter valued at about $339,000.
Palmer Square CLO Senior Debt ETF Stock Down 0.4%
PSQA stock traded down $0.08 on Friday, hitting $20.41. 13,318 shares of the company’s stock were exchanged, compared to its average volume of 26,741. Palmer Square CLO Senior Debt ETF has a 12-month low of $20.05 and a 12-month high of $20.68. The firm has a 50 day moving average price of $20.48 and a two-hundred day moving average price of $20.42.
About Palmer Square CLO Senior Debt ETF
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.