Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG – Get Free Report) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 241,600 shares, a growth of 592.3% from the March 15th total of 34,900 shares. Based on an average trading volume of 273,900 shares, the days-to-cover ratio is presently 0.9 days.
Hedge Funds Weigh In On Invesco Variable Rate Investment Grade ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. WealthPlan Investment Management LLC bought a new stake in Invesco Variable Rate Investment Grade ETF in the 3rd quarter valued at $286,000. WNY Asset Management LLC bought a new stake in Invesco Variable Rate Investment Grade ETF in the 3rd quarter valued at $572,000. Raymond James Financial Services Advisors Inc. increased its holdings in Invesco Variable Rate Investment Grade ETF by 10.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 101,383 shares of the company’s stock valued at $2,534,000 after buying an additional 9,358 shares during the period. Geneos Wealth Management Inc. increased its holdings in Invesco Variable Rate Investment Grade ETF by 67.0% in the 3rd quarter. Geneos Wealth Management Inc. now owns 6,298 shares of the company’s stock valued at $157,000 after buying an additional 2,527 shares during the period. Finally, Atria Wealth Solutions Inc. increased its holdings in Invesco Variable Rate Investment Grade ETF by 98.8% in the 3rd quarter. Atria Wealth Solutions Inc. now owns 307,094 shares of the company’s stock valued at $7,660,000 after buying an additional 152,598 shares during the period.
Invesco Variable Rate Investment Grade ETF Price Performance
Shares of VRIG stock opened at $25.15 on Thursday. Invesco Variable Rate Investment Grade ETF has a 1 year low of $24.76 and a 1 year high of $25.19. The firm’s fifty day simple moving average is $25.10 and its 200 day simple moving average is $25.02.
Invesco Variable Rate Investment Grade ETF Announces Dividend
About Invesco Variable Rate Investment Grade ETF
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.
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