Invesco Variable Rate Investment ETF (NASDAQ:VRIG – Get Rating ) saw a significant increase in short interest in the month of August. On August 15th, there was short interest in 90,100 shares, an increase of 69.7% from the July 31st total of 53,100 shares. Based on an average daily trading volume of 145,600 shares, the day-to-cover ratio is currently 0.6 days.
Invesco Institutional Trading Variable Rate ETF Investment Grade
Several large investors have recently modified their holdings of VRIG. UBS Group AG bought a new stake in shares of Invesco Variable Rate Investment Grade ETF in the second quarter worth about $28,000. US Bancorp DE bought a new stake in shares of Invesco Variable Rate Investment Grade ETF in the second quarter worth about $37,000. Charter Oak Capital Management LLC acquired a new stake in shares of Invesco Variable Rate Investment Grade ETF in the second quarter valued at about $62,000. CWM LLC bought a new stake in shares of Invesco Variable Rate Investment Grade ETF in the second quarter worth about $69,000. Finally, Northwestern Mutual Wealth Management Co . boosted its position in shares of Invesco Variable Rate Investment Grade ETF by 138.8% in the second quarter. Northwestern Mutual Wealth Management Co . now owns 2,985 shares of the company’s stock valued at $74,000 after purchasing an additional 1,735 shares during the last quarter.
Share performance of Invesco Variable Rate Investment ETF
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Shares of VRIG opened at $24.80 on Friday. The firm’s 50-day moving average is $24.70, and its two-hundred-day moving average is $24.83. Invesco Variable Rate Investment ETF has a twelve month low of $24.41 and a twelve month high of $25.13.
Invesco’s variable rate investment ETF grows the dividend
The firm also recently declared a monthly dividend, which was paid on Friday, August 26th. Shareholders of record on Tuesday, August 23rd were given a $0.056 dividend. The ex-dividend date of this dividend was Monday, August 22nd. This is a positive change from Invesco Investment Class ETF’s previous monthly dividend of $0.04. This represents an annual dividend of $0.67 and a dividend yield of 2.71%.
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