Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG – Get Free Report) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 173,200 shares, an increase of 25.8% from the August 31st total of 137,700 shares. Based on an average daily trading volume, of 277,100 shares, the short-interest ratio is currently 0.6 days.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the company. Aveo Capital Partners LLC purchased a new stake in Invesco Variable Rate Investment Grade ETF in the 4th quarter valued at about $3,855,000. Steward Partners Investment Advisory LLC lifted its holdings in Invesco Variable Rate Investment Grade ETF by 47.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 8,650 shares of the company’s stock worth $216,000 after acquiring an additional 2,800 shares during the period. Trademark Financial Management LLC purchased a new position in Invesco Variable Rate Investment Grade ETF in the fourth quarter worth $449,000. Cetera Advisor Networks LLC boosted its position in Invesco Variable Rate Investment Grade ETF by 1,154.2% in the fourth quarter. Cetera Advisor Networks LLC now owns 234,421 shares of the company’s stock worth $5,858,000 after purchasing an additional 215,730 shares during the last quarter. Finally, Vista Investment Management increased its position in shares of Invesco Variable Rate Investment Grade ETF by 12.3% during the 4th quarter. Vista Investment Management now owns 152,734 shares of the company’s stock valued at $3,817,000 after purchasing an additional 16,681 shares during the last quarter.
Invesco Variable Rate Investment Grade ETF Stock Performance
Shares of Invesco Variable Rate Investment Grade ETF stock opened at $25.09 on Friday. The stock has a fifty day simple moving average of $25.12 and a 200 day simple moving average of $25.13. Invesco Variable Rate Investment Grade ETF has a 12-month low of $24.85 and a 12-month high of $25.24.
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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