InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Short Interest Update

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 23,006 shares, an increase of 76.4% from the July 15th total of 13,039 shares. Based on an average daily volume of 48,443 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are sold short.

InfraCap REIT Preferred ETF Price Performance

PFFR stock traded down $0.01 during midday trading on Monday, reaching $17.67. The company had a trading volume of 13,400 shares, compared to its average volume of 39,513. The firm has a 50-day moving average price of $17.64 and a 200-day moving average price of $17.73. InfraCap REIT Preferred ETF has a 1 year low of $17.05 and a 1 year high of $19.27.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC raised its position in shares of InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 4.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,840 shares of the company’s stock after purchasing an additional 2,033 shares during the period. Janney Montgomery Scott LLC owned approximately 0.76% of InfraCap REIT Preferred ETF worth $808,000 at the end of the most recent reporting period.

InfraCap REIT Preferred ETF Company Profile

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.