Xrp Etf (NASDAQ:XRPI) Short Interest Update

Xrp Etf (NASDAQ:XRPIGet Free Report) was the target of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 589,229 shares, a decrease of 40.8% from the February 12th total of 995,641 shares. Approximately 4.7% of the company’s shares are sold short. Based on an average daily trading volume, of 351,818 shares, the short-interest ratio is presently 1.7 days. Based on an average daily trading volume, of 351,818 shares, the short-interest ratio is presently 1.7 days. Approximately 4.7% of the company’s shares are sold short.

Xrp Etf Stock Performance

Shares of NASDAQ XRPI opened at $7.99 on Friday. Xrp Etf has a 1 year low of $6.50 and a 1 year high of $23.53. The firm’s 50 day moving average price is $9.52 and its 200 day moving average price is $12.86.

Xrp Etf Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 19th. Stockholders of record on Wednesday, February 18th were issued a dividend of $0.0163 per share. The ex-dividend date was Wednesday, February 18th. This represents a c) annualized dividend and a dividend yield of 2.4%.

Hedge Funds Weigh In On Xrp Etf

Several large investors have recently added to or reduced their stakes in XRPI. Hurley Capital LLC acquired a new position in shares of Xrp Etf during the 3rd quarter valued at about $135,000. Q3 Asset Management acquired a new position in Xrp Etf during the fourth quarter worth approximately $430,000. Finally, Flow Traders U.S. LLC acquired a new position in Xrp Etf during the third quarter worth approximately $1,934,000.

Key Headlines Impacting Xrp Etf

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

About Xrp Etf

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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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