Shares of Xrp Etf (NASDAQ:XRPI – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 206,580 shares traded hands during trading, a decline of 31% from the previous session’s volume of 298,622 shares.The stock last traded at $6.94 and had previously closed at $7.04.
Xrp Etf Trading Down 2.4%
The business’s fifty day moving average is $6.51 and its 200 day moving average is $7.08.
Xrp Etf Announces Dividend
The company also recently announced a monthly dividend, which was paid on Thursday, August 20th. Shareholders of record on Wednesday, August 19th were issued a dividend of $0.01 per share. This represents a c) dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Wednesday, August 19th.
Xrp Etf Company Profile
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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