Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Short Interest Up 90.1% in December

Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 229,300 shares, a growth of 90.1% from the November 30th total of 120,600 shares. Based on an average daily volume of 234,200 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of Invesco Variable Rate Investment Grade ETF

Institutional investors have recently modified their holdings of the company. Resurgent Financial Advisors LLC increased its holdings in Invesco Variable Rate Investment Grade ETF by 2.6% during the 3rd quarter. Resurgent Financial Advisors LLC now owns 21,192 shares of the company’s stock valued at $532,000 after purchasing an additional 534 shares during the period. Trademark Financial Management LLC raised its holdings in shares of Invesco Variable Rate Investment Grade ETF by 3.8% during the third quarter. Trademark Financial Management LLC now owns 21,745 shares of the company’s stock valued at $545,000 after acquiring an additional 786 shares in the last quarter. Holderness Investments Co. lifted its stake in Invesco Variable Rate Investment Grade ETF by 1.7% in the second quarter. Holderness Investments Co. now owns 55,836 shares of the company’s stock worth $1,404,000 after acquiring an additional 936 shares during the period. Arkadios Wealth Advisors lifted its position in shares of Invesco Variable Rate Investment Grade ETF by 4.8% in the 2nd quarter. Arkadios Wealth Advisors now owns 24,977 shares of the company’s stock worth $628,000 after purchasing an additional 1,155 shares during the period. Finally, NBC Securities Inc. lifted its holdings in Invesco Variable Rate Investment Grade ETF by 34.7% in the third quarter. NBC Securities Inc. now owns 5,181 shares of the company’s stock worth $129,000 after buying an additional 1,335 shares during the period.

Invesco Variable Rate Investment Grade ETF Stock Up 0.0 %

Shares of NASDAQ VRIG opened at $25.10 on Friday. The firm’s fifty day moving average is $25.12 and its 200 day moving average is $25.13. Invesco Variable Rate Investment Grade ETF has a 52 week low of $24.97 and a 52 week high of $25.24.

Invesco Variable Rate Investment Grade ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.1325 dividend. This is a boost from Invesco Variable Rate Investment Grade ETF’s previous dividend of $0.12. The ex-dividend date was Monday, December 23rd.

Invesco Variable Rate Investment Grade ETF Company Profile

The Invesco Variable Rate Investment Grade ETF (VRIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed fund that primarily invests in USD-denominated investment-grade floating-rate securities, but can hold up to 20% in non-investment-grade securities.