North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) Short Interest Up 74.2% in June

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 16,743 shares, a growth of 74.2% from the May 31st total of 9,609 shares. Based on an average trading volume of 7,064 shares, the short-interest ratio is currently 2.4 days. Approximately 0.6% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SMI Advisory Services LLC acquired a new stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the 4th quarter worth approximately $20,852,000. Merit Financial Group LLC acquired a new position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the fourth quarter worth $1,284,000. Red Cedar Investment Management LLC boosted its position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 42.5% during the fourth quarter. Red Cedar Investment Management LLC now owns 466,193 shares of the company’s stock worth $11,976,000 after purchasing an additional 139,093 shares in the last quarter. Jane Street Group LLC purchased a new stake in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the fourth quarter worth $578,000. Finally, Osaic Holdings Inc. grew its holdings in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 22.6% in the fourth quarter. Osaic Holdings Inc. now owns 15,258 shares of the company’s stock valued at $392,000 after purchasing an additional 2,808 shares during the last quarter.

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

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF stock opened at $25.49 on Friday. North Square RCIM Tax-Advantaged Preferred and Income Securities ETF has a one year low of $25.22 and a one year high of $26.30. The business has a fifty day moving average of $25.54 and a two-hundred day moving average of $25.65.

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Company Profile

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.