Short Interest in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) Expands By 57.3%

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 38,641 shares, an increase of 57.3% from the January 29th total of 24,561 shares. Approximately 1.4% of the company’s shares are sold short. Based on an average daily volume of 21,918 shares, the short-interest ratio is currently 1.8 days. Based on an average daily volume of 21,918 shares, the short-interest ratio is currently 1.8 days. Approximately 1.4% of the company’s shares are sold short.

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Trading Down 0.2%

Shares of QTPI opened at $25.83 on Friday. North Square RCIM Tax-Advantaged Preferred and Income Securities ETF has a fifty-two week low of $24.07 and a fifty-two week high of $26.30. The company’s fifty day moving average is $25.80 and its two-hundred day moving average is $25.69.

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

A number of institutional investors have recently added to or reduced their stakes in QTPI. Osaic Holdings Inc. increased its stake in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 22.6% during the fourth quarter. Osaic Holdings Inc. now owns 15,258 shares of the company’s stock worth $392,000 after acquiring an additional 2,808 shares during the last quarter. West Michigan Advisors LLC grew its holdings in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 40.5% during the 4th quarter. West Michigan Advisors LLC now owns 30,265 shares of the company’s stock worth $778,000 after purchasing an additional 8,722 shares during the period. AdvisorNet Financial Inc purchased a new stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the 3rd quarter worth about $311,000. Jane Street Group LLC acquired a new stake in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the 1st quarter worth approximately $345,000. Finally, Merit Financial Group LLC purchased a new position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the fourth quarter valued at approximately $1,284,000.

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.