Short Interest in InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Decreases By 99.6%
by Michael Walen · The Markets DailyInfraCap REIT Preferred ETF (NYSEARCA:PFFR – Get Free Report) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 171 shares, a decrease of 99.6% from the March 15th total of 43,425 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 48,936 shares, the short-interest ratio is presently 0.0 days.
InfraCap REIT Preferred ETF Stock Performance
Shares of InfraCap REIT Preferred ETF stock traded up $0.08 during midday trading on Friday, hitting $17.58. The company had a trading volume of 12,652 shares, compared to its average volume of 45,690. The company has a 50 day moving average of $17.77 and a 200 day moving average of $18.13. InfraCap REIT Preferred ETF has a 52-week low of $17.01 and a 52-week high of $19.27.
InfraCap REIT Preferred ETF Dividend Announcement
The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were paid a $0.123 dividend. The ex-dividend date was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 8.4%.
Institutional Trading of InfraCap REIT Preferred ETF
A hedge fund recently raised its stake in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC increased its stake in InfraCap REIT Preferred ETF (NYSEARCA:PFFR – Free Report) by 4.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 44,840 shares of the company’s stock after buying an additional 2,033 shares during the period. Janney Montgomery Scott LLC owned 0.76% of InfraCap REIT Preferred ETF worth $808,000 as of its most recent filing with the Securities & Exchange Commission.
About InfraCap REIT Preferred ETF
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.