Short Interest in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) Rises By 15,513.1%

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 70,103 shares, a growth of 15,513.1% from the December 15th total of 449 shares. Based on an average daily trading volume, of 150,530 shares, the days-to-cover ratio is presently 0.5 days. Currently, 2.8% of the company’s shares are sold short. Currently, 2.8% of the company’s shares are sold short. Based on an average daily trading volume, of 150,530 shares, the days-to-cover ratio is presently 0.5 days.

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Price Performance

NYSEARCA QTPI opened at $25.80 on Tuesday. North Square RCIM Tax-Advantaged Preferred and Income Securities ETF has a 1-year low of $24.07 and a 1-year high of $26.30. The stock has a 50-day moving average of $25.65 and a 200-day moving average of $25.59.

Institutional Trading of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF

A number of institutional investors have recently made changes to their positions in QTPI. Jane Street Group LLC purchased a new position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the 1st quarter worth about $345,000. Red Cedar Investment Management LLC grew its stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 63.6% in the third quarter. Red Cedar Investment Management LLC now owns 327,100 shares of the company’s stock worth $8,372,000 after acquiring an additional 127,100 shares during the period. Finally, AdvisorNet Financial Inc purchased a new position in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the third quarter valued at approximately $311,000.

About North Square RCIM Tax-Advantaged Preferred and Income Securities ETF

The North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide high current income and long-term capital appreciation with a focus on tax-advantaged qualified dividend income. The portfolio holds preferred securities, REITs, and other income focused securities. QTPI was launched on Dec 19, 2024 and is issued by North Square.