North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) Short Interest Down 40.0% in January

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 42,031 shares, a decrease of 40.0% from the December 31st total of 70,103 shares. Based on an average daily volume of 59,030 shares, the short-interest ratio is presently 0.7 days. Approximately 1.5% of the company’s shares are sold short. Approximately 1.5% of the company’s shares are sold short. Based on an average daily volume of 59,030 shares, the short-interest ratio is presently 0.7 days.

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Stock Up 0.2%

Shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF stock traded up $0.06 during trading on Friday, hitting $25.78. 23,115 shares of the stock traded hands, compared to its average volume of 38,641. The company has a fifty day moving average price of $25.71 and a two-hundred day moving average price of $25.63. North Square RCIM Tax-Advantaged Preferred and Income Securities ETF has a twelve month low of $24.07 and a twelve month high of $26.30.

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

Several hedge funds and other institutional investors have recently made changes to their positions in QTPI. Red Cedar Investment Management LLC lifted its holdings in 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 buying an additional 127,100 shares during the period. AdvisorNet Financial Inc purchased a new stake in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the third quarter worth approximately $311,000. West Michigan Advisors LLC boosted its position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 40.5% in the fourth quarter. West Michigan Advisors LLC now owns 30,265 shares of the company’s stock worth $778,000 after purchasing an additional 8,722 shares during the last quarter. Merit Financial Group LLC purchased a new position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the fourth quarter valued at $1,284,000. Finally, SMI Advisory Services LLC bought a new position in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the fourth quarter worth approximately $20,852,000.

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.