Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG – Get Free Report) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totalling 275,500 shares, a growth of 27.8% from the July 15th total of 215,500 shares. Based on an average daily volume of 252,300 shares, the days-to-cover ratio is presently 1.1 days.
Institutional Trading of Invesco Variable Rate Investment Grade ETF
Several institutional investors have recently modified their holdings of the company. Vima LLC acquired a new position in shares of Invesco Variable Rate Investment Grade ETF in the 4th quarter worth $30,000. NBC Securities Inc. purchased a new position in Invesco Variable Rate Investment Grade ETF in the 4th quarter worth about $80,000. Advisors Asset Management Inc. raised its holdings in Invesco Variable Rate Investment Grade ETF by 168.3% during the 1st quarter. Advisors Asset Management Inc. now owns 6,461 shares of the company’s stock worth $162,000 after buying an additional 4,053 shares during the period. Calton & Associates Inc. purchased a new stake in Invesco Variable Rate Investment Grade ETF during the first quarter valued at about $202,000. Finally, Prevail Innovative Wealth Advisors LLC acquired a new position in shares of Invesco Variable Rate Investment Grade ETF in the first quarter worth about $215,000.
Invesco Variable Rate Investment Grade ETF Price Performance
Shares of NASDAQ VRIG traded up $0.01 during mid-day trading on Thursday, reaching $25.16. 14,115 shares of the company traded hands, compared to its average volume of 305,278. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $24.85 and a fifty-two week high of $25.24. The stock has a fifty day simple moving average of $25.15 and a 200-day simple moving average of $25.13.
Invesco Variable Rate Investment Grade ETF Increases 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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