North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) Short Interest Up 91.9% in April

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 18,323 shares, a growth of 91.9% from the April 15th total of 9,550 shares. Based on an average daily trading volume, of 17,972 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.6% of the shares of the company are sold short.

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

QTPI opened at $25.50 on Tuesday. North Square RCIM Tax-Advantaged Preferred and Income Securities ETF has a fifty-two week low of $24.64 and a fifty-two week high of $26.30. The stock has a fifty day moving average of $25.57 and a 200-day moving average of $25.67.

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

Institutional investors have recently made changes to their positions in the stock. Merit Financial Group LLC bought a new stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the fourth quarter valued at approximately $1,284,000. SMI Advisory Services LLC bought a new stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the fourth quarter valued at approximately $20,852,000. Red Cedar Investment Management LLC boosted its stake in shares of 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 valued at $8,372,000 after buying an additional 127,100 shares during the period. West Michigan Advisors LLC boosted its stake in shares of 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 valued at $778,000 after buying an additional 8,722 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the first quarter valued at approximately $345,000.

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.