Xrp Etf (NASDAQ:XRPI) Short Interest Down 40.8% in February

Xrp Etf (NASDAQ:XRPIGet Free Report) was the target of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 589,229 shares, a decline of 40.8% from the February 12th total of 995,641 shares. Based on an average trading volume of 351,818 shares, the short-interest ratio is presently 1.7 days. Currently, 4.7% of the company’s shares are short sold. Currently, 4.7% of the company’s shares are short sold. Based on an average trading volume of 351,818 shares, the short-interest ratio is presently 1.7 days.

Xrp Etf News Summary

Here are the key news stories impacting Xrp Etf this week:

Institutional Trading of Xrp Etf

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Hurley Capital LLC acquired a new position in shares of Xrp Etf during the third quarter worth about $135,000. Q3 Asset Management purchased a new position in shares of Xrp Etf in the 4th quarter valued at about $430,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Xrp Etf during the 3rd quarter worth about $1,934,000.

Xrp Etf Stock Up 1.8%

XRPI stock opened at $7.99 on Friday. Xrp Etf has a one year low of $6.50 and a one year high of $23.53. The firm’s 50 day moving average price is $9.52 and its 200-day moving average price is $12.81.

Xrp Etf Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 19th. Stockholders of record on Wednesday, February 18th were given a dividend of $0.0163 per share. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Wednesday, February 18th.

Xrp Etf Company Profile

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Volatility Shares Trust – XRP ETF is a multi-asset mutual fund launched by and managed by Volatility Shares LLC. The fund seeks to invest in various financial instruments like currency and fixed income instruments. For its fixed income portion, it primarily invests in cash, cash-like instruments or high-quality securities. For its currency portion, it invests through derivatives in XRP. The fund uses derivatives such as futures and swaps to create its portfolio. It seeks to invest in XRP futures through a wholly-owned Cayman Islands subsidiary.

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