North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) Short Interest Update

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 14,393 shares, a decrease of 64.5% from the February 26th total of 40,526 shares. Based on an average daily volume of 7,802 shares, the short-interest ratio is presently 1.8 days. Currently, 0.5% of the company’s stock are short sold.

Institutional Trading of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of QTPI. Red Cedar Investment Management LLC increased its position in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 63.6% during the third quarter. Red Cedar Investment Management LLC now owns 327,100 shares of the company’s stock worth $8,372,000 after purchasing an additional 127,100 shares in the last quarter. AdvisorNet Financial Inc acquired a new stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the 3rd quarter valued at about $311,000. 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 valued at about $20,852,000. Jane Street Group LLC purchased a new position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the 1st quarter worth approximately $345,000. Finally, Osaic Holdings Inc. grew its stake 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.

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

Shares of QTPI traded down $0.02 during midday trading on Thursday, reaching $25.49. The stock had a trading volume of 4,565 shares, compared to its average volume of 20,460. North Square RCIM Tax-Advantaged Preferred and Income Securities ETF has a 1-year low of $24.07 and a 1-year high of $26.30. The company’s fifty day simple moving average is $25.76 and its two-hundred day simple moving average is $25.70.

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.