Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) Short Interest Update

by · The Cerbat Gem

Global X SuperIncome Preferred ETF (NYSEARCA:SPFF – Get Free Report) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,369 shares, an increase of 107.4% from the March 15th total of 660 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 34,124 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Global X SuperIncome Preferred ETF

Several institutional investors and hedge funds have recently bought and sold shares of SPFF. Jane Street Group LLC raised its stake in Global X SuperIncome Preferred ETF by 45.8% during the first quarter. Jane Street Group LLC now owns 98,465 shares of the company’s stock valued at $883,000 after buying an additional 30,922 shares in the last quarter. Sei Investments Co. raised its stake in Global X SuperIncome Preferred ETF by 20.6% during the second quarter. Sei Investments Co. now owns 24,180 shares of the company’s stock valued at $217,000 after buying an additional 4,123 shares in the last quarter. Raymond James Financial Inc. raised its stake in Global X SuperIncome Preferred ETF by 7.6% during the second quarter. Raymond James Financial Inc. now owns 85,999 shares of the company’s stock valued at $771,000 after buying an additional 6,060 shares in the last quarter. Perigon Wealth Management LLC raised its stake in Global X SuperIncome Preferred ETF by 3.9% during the third quarter. Perigon Wealth Management LLC now owns 118,027 shares of the company’s stock valued at $1,091,000 after buying an additional 4,481 shares in the last quarter. Finally, Global Retirement Partners LLC raised its stake in Global X SuperIncome Preferred ETF by 9.3% during the third quarter. Global Retirement Partners LLC now owns 34,900 shares of the company’s stock valued at $322,000 after buying an additional 2,974 shares in the last quarter.

Global X SuperIncome Preferred ETF Price Performance

SPFF stock traded down $0.02 during mid-day trading on Friday, hitting $8.98. 49,710 shares of the company were exchanged, compared to its average volume of 41,132. The firm has a fifty day simple moving average of $9.10 and a 200 day simple moving average of $9.25. Global X SuperIncome Preferred ETF has a twelve month low of $8.31 and a twelve month high of $9.65.

Global X SuperIncome Preferred ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.05 per share. The ex-dividend date was Monday, March 2nd. This is an increase from Global X SuperIncome Preferred ETF’s previous monthly dividend of $0.05. This represents a c) annualized dividend and a yield of 6.7%.

Global X SuperIncome Preferred ETF Company Profile

(Get Free Report)

The Global X SuperIncome Preferred ETF (SPFF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of 50 of the highest-yielding preferred securities that are traded in the US and Canada. SPFF was launched on Jul 17, 2012 and is managed by Global X.

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