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

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) was the target of a large growth in short interest in the month of 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 short-interest ratio is currently 1.0 days. Currently, 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of QTPI. Patriot Financial Group Insurance Agency LLC acquired a new position in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the 1st quarter valued at about $284,000. Jane Street Group LLC bought a new stake in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the 1st quarter valued at about $345,000. Osaic Holdings Inc. lifted its position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 22.6% in the 4th 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. AdvisorNet Financial Inc lifted its position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 12.8% in the 1st quarter. AdvisorNet Financial Inc now owns 16,040 shares of the company’s stock valued at $407,000 after purchasing an additional 1,820 shares during the last quarter. Finally, West Michigan Advisors LLC lifted its position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 40.5% in the 4th quarter. West Michigan Advisors LLC now owns 30,265 shares of the company’s stock valued at $778,000 after purchasing an additional 8,722 shares during the last quarter.

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Trading Down 0.6%

Shares of NYSEARCA QTPI traded down $0.15 during midday trading on Friday, hitting $25.46. The company’s stock had a trading volume of 3,346 shares, compared to its average volume of 16,675. North Square RCIM Tax-Advantaged Preferred and Income Securities ETF has a 1-year low of $24.64 and a 1-year high of $26.30. The firm’s fifty day moving average price is $25.58 and its 200-day moving average price is $25.67.

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.