Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Short Interest Update

Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 462,348 shares, an increase of 29.6% from the November 30th total of 356,762 shares. Based on an average daily volume of 552,891 shares, the short-interest ratio is presently 0.8 days. Currently, 0.5% of the shares of the company are sold short. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 552,891 shares, the short-interest ratio is presently 0.8 days.

Invesco Variable Rate Preferred ETF Stock Performance

Shares of NYSEARCA VRP traded down $0.04 during trading on Thursday, reaching $24.33. 462,083 shares of the company traded hands, compared to its average volume of 497,080. The firm’s fifty day simple moving average is $24.49 and its 200 day simple moving average is $24.55. Invesco Variable Rate Preferred ETF has a 12-month low of $23.03 and a 12-month high of $24.93.

Hedge Funds Weigh In On Invesco Variable Rate Preferred ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Advisory Services Network LLC raised its stake in shares of Invesco Variable Rate Preferred ETF by 1.4% during the 3rd quarter. Advisory Services Network LLC now owns 33,782 shares of the company’s stock worth $834,000 after buying an additional 458 shares during the period. Corient Private Wealth LLC increased its holdings in Invesco Variable Rate Preferred ETF by 1.4% in the 2nd quarter. Corient Private Wealth LLC now owns 36,992 shares of the company’s stock worth $904,000 after acquiring an additional 520 shares in the last quarter. Atria Wealth Solutions Inc. increased its holdings in Invesco Variable Rate Preferred ETF by 1.8% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 30,406 shares of the company’s stock worth $745,000 after acquiring an additional 534 shares in the last quarter. Cary Street Partners Financial LLC raised its position in Invesco Variable Rate Preferred ETF by 0.9% during the second quarter. Cary Street Partners Financial LLC now owns 66,372 shares of the company’s stock worth $1,623,000 after acquiring an additional 600 shares during the period. Finally, Clear Harbor Asset Management LLC lifted its holdings in Invesco Variable Rate Preferred ETF by 1.8% during the third quarter. Clear Harbor Asset Management LLC now owns 34,135 shares of the company’s stock valued at $843,000 after purchasing an additional 600 shares in the last quarter.

Invesco Variable Rate Preferred ETF Company Profile

The Invesco Variable Rate Preferred ETF (VRP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of variable- and floating-rate preferred stocks. VRP was launched on May 1, 2014 and is managed by Invesco.