Short Interest in Xrp Etf (NASDAQ:XRPI) Decreases By 38.0%

Key Points

• Short interest in Xrp ETF (NASDAQ:XRPI) decreased by 38.0% in September, falling from 169,800 shares on August 31 to 105,300 shares.
• The stock is currently priced at $18.28, with a fifty-two week low of $12.69 and a high of $23.53.
• Xrp ETF recently increased its monthly dividend to $0.0335 per share, resulting in an annualized dividend yield of 2.2%.

Xrp Etf (NASDAQ:XRPI - ) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 105,300 shares, a drop of 38.0% from the August 31st total of 169,800 shares. Based on an average trading volume of 641,300 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 641,300 shares, the days-to-cover ratio is presently 0.2 days.

Xrp Etf Stock Down 2.0%

Shares of XRPI opened at $18.28 on Friday. Xrp Etf has a fifty-two week low of $12.69 and a fifty-two week high of $23.53. The business has a 50-day moving average price of $18.51.

Xrp Etf Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 26th were issued a dividend of $0.0335 per share. The ex-dividend date of this dividend was Friday, September 26th. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. This is an increase from Xrp Etf's previous monthly dividend of $0.03.

About Xrp Etf

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.

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