InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Stock Short Interest Drops 97.7%

by · The Markets Daily

InfraCap REIT Preferred ETF (NYSEARCA:PFFR – Get Free Report) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 599 shares, a decline of 97.7% from the September 30th total of 26,119 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 43,223 shares, the short-interest ratio is presently 0.0 days.

InfraCap REIT Preferred ETF Trading Up 1.2%

Shares of NYSEARCA PFFR traded up $0.19 during mid-day trading on Monday, reaching $16.43. 24,766 shares of the company’s stock were exchanged, compared to its average volume of 38,143. InfraCap REIT Preferred ETF has a twelve month low of $16.23 and a twelve month high of $19.00. The business has a fifty day simple moving average of $17.04 and a 200 day simple moving average of $17.59.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC grew its holdings in InfraCap REIT Preferred ETF (NYSEARCA:PFFR – Free Report) by 101.5% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 90,350 shares of the company’s stock after acquiring an additional 45,510 shares during the quarter. Janney Montgomery Scott LLC owned 1.37% of InfraCap REIT Preferred ETF worth $1,559,000 as of its most recent SEC filing.

InfraCap REIT Preferred ETF Company Profile

(Get Free Report)

The InfraCap REIT Preferred ETF (PFFR) is an exchange-traded fund that is based on the Indxx REIT Preferred Stock index, a modified market-cap-weighted index of US-listed preferred securities issued by real estate investment trusts (REITs). PFFR was launched on Feb 7, 2017 and is managed by InfraCap.

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