Invesco Variable Rate Investment Grade ETF (NASDAQ:VRIG – Get Free Report) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 173,200 shares, a growth 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.
Invesco Variable Rate Investment Grade ETF Stock Performance
NASDAQ:VRIG opened at $25.09 on Monday. The business’s 50-day simple moving average is $25.11 and its 200-day simple moving average is $25.13. Invesco Variable Rate Investment Grade ETF has a fifty-two week low of $24.85 and a fifty-two week high of $25.24.
Invesco Variable Rate Investment Grade ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.127 dividend. This is an increase from Invesco Variable Rate Investment Grade ETF’s previous monthly dividend of $0.13. The ex-dividend date was Monday, September 23rd. This represents a $1.52 annualized dividend and a dividend yield of 6.07%.
Institutional Inflows and Outflows
Invesco Variable Rate Investment Grade ETF Company Profile
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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