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

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) saw a large growth in short interest during 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. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 7,064 shares, the short-interest ratio is currently 2.4 days.

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

Shares of QTPI opened at $25.49 on Friday. The stock has a 50-day moving average of $25.53 and a two-hundred day moving average of $25.65. 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.

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

Institutional investors and hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC purchased a new stake in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the first quarter valued at approximately $1,259,000. Patriot Financial Group Insurance Agency LLC purchased a new position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the 1st quarter worth approximately $284,000. AdvisorNet Financial Inc raised its position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 12.8% during the 1st quarter. AdvisorNet Financial Inc now owns 16,040 shares of the company’s stock worth $407,000 after buying an additional 1,820 shares during the last quarter. Osaic Holdings Inc. raised its position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 22.6% during the 4th quarter. Osaic Holdings Inc. now owns 15,258 shares of the company’s stock worth $392,000 after buying an additional 2,808 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the 4th quarter valued at approximately $578,000.

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.