North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) Short Interest Update

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 38,641 shares, an increase of 57.3% from the January 29th total of 24,561 shares. Based on an average daily trading volume, of 21,918 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.4% of the shares of the company are short sold. Currently, 1.4% of the shares of the company are short sold. Based on an average daily trading volume, of 21,918 shares, the days-to-cover ratio is currently 1.8 days.

Institutional Investors Weigh In On North Square RCIM Tax-Advantaged Preferred and Income Securities ETF

Hedge funds have recently made changes to their positions in the business. SMI Advisory Services LLC acquired a new position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the fourth quarter valued at $20,852,000. Red Cedar Investment Management LLC increased its stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 42.5% during the 4th quarter. Red Cedar Investment Management LLC now owns 466,193 shares of the company’s stock valued at $11,976,000 after acquiring an additional 139,093 shares during the last quarter. Merit Financial Group LLC purchased a new position in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the 4th quarter worth about $1,284,000. Jane Street Group LLC purchased a new position in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the 4th quarter worth about $578,000. Finally, AdvisorNet Financial Inc acquired a new stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the third quarter worth approximately $311,000.

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

Shares of QTPI opened at $25.83 on Friday. North Square RCIM Tax-Advantaged Preferred and Income Securities ETF has a 12-month low of $24.07 and a 12-month high of $26.30. The company’s 50 day simple moving average is $25.80 and its 200-day simple moving average is $25.69.

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.