Short Interest in Xrp Etf (NASDAQ:XRPI) Declines By 47.2%

Xrp Etf (NASDAQ:XRPIGet Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 164,468 shares, a decrease of 47.2% from the December 15th total of 311,704 shares. Based on an average daily volume of 512,854 shares, the days-to-cover ratio is presently 0.3 days. Currently, 1.3% of the shares of the company are short sold. Currently, 1.3% of the shares of the company are short sold. Based on an average daily volume of 512,854 shares, the days-to-cover ratio is presently 0.3 days.

More Xrp Etf News

Here are the key news stories impacting Xrp Etf this week:

Xrp Etf Stock Performance

Shares of NASDAQ XRPI opened at $12.43 on Thursday. Xrp Etf has a 12-month low of $10.44 and a 12-month high of $23.53. The firm has a 50 day moving average of $12.13 and a 200 day moving average of $15.66.

Xrp Etf Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, December 16th. Stockholders of record on Monday, December 15th were paid a $0.0147 dividend. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Monday, December 15th.

Institutional Trading of Xrp Etf

An institutional investor recently bought a new position in Xrp Etf stock. Hurley Capital LLC purchased a new position in Xrp Etf (NASDAQ:XRPIFree Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,785 shares of the company’s stock, valued at approximately $135,000. Hurley Capital LLC owned approximately 0.06% of Xrp Etf as of its most recent SEC filing.

Xrp Etf Company Profile

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Volatility Shares Trust – XRP ETF is a multi-asset mutual fund launched by and managed by Volatility Shares LLC. The fund seeks to invest in various financial instruments like currency and fixed income instruments. For its fixed income portion, it primarily invests in cash, cash-like instruments or high-quality securities. For its currency portion, it invests through derivatives in XRP. The fund uses derivatives such as futures and swaps to create its portfolio. It seeks to invest in XRP futures through a wholly-owned Cayman Islands subsidiary.

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