Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) Short Interest Down 68.3% in November

Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG) saw a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 120,600 shares, a drop of 68.3% from the November 15th total of 380,800 shares. Based on an average daily volume of 250,700 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Invesco Variable Rate Investment Grade ETF

Several hedge funds have recently modified their holdings of VRIG. Calton & Associates Inc. lifted its holdings in Invesco Variable Rate Investment Grade ETF by 47.7% during the 2nd quarter. Calton & Associates Inc. now owns 11,914 shares of the company’s stock worth $300,000 after buying an additional 3,850 shares during the period. Atria Wealth Solutions Inc. lifted its stake in shares of Invesco Variable Rate Investment Grade ETF by 1.2% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 279,731 shares of the company’s stock valued at $7,032,000 after purchasing an additional 3,197 shares during the period. Concourse Financial Group Securities Inc. lifted its stake in shares of Invesco Variable Rate Investment Grade ETF by 53.3% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 146,904 shares of the company’s stock valued at $3,693,000 after purchasing an additional 51,046 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in shares of Invesco Variable Rate Investment Grade ETF by 322.2% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 57,282 shares of the company’s stock valued at $1,440,000 after purchasing an additional 43,715 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Invesco Variable Rate Investment Grade ETF by 35.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 269,982 shares of the company’s stock valued at $6,787,000 after purchasing an additional 69,961 shares during the period.

Invesco Variable Rate Investment Grade ETF Trading Up 0.0 %

Shares of VRIG traded up $0.01 during midday trading on Wednesday, hitting $25.17. The company’s stock had a trading volume of 55,859 shares, compared to its average volume of 291,310. Invesco Variable Rate Investment Grade ETF has a one year low of $24.87 and a one year high of $25.24. The company’s fifty day simple moving average is $25.12 and its two-hundred day simple moving average is $25.13.

Invesco Variable Rate Investment Grade ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 18th were paid a $0.1204 dividend. The ex-dividend date was Monday, November 18th.

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.