Short Interest in AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) Decreases By 99.9%

AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 132 shares, a decline of 99.9% from the July 30th total of 92,642 shares. Based on an average daily volume of 59,061 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

AAM Low Duration Preferred & Income Securities ETF Price Performance

PFLD opened at $19.59 on Wednesday. AAM Low Duration Preferred & Income Securities ETF has a 1 year low of $19.29 and a 1 year high of $19.90. The firm has a 50 day moving average price of $19.58 and a 200 day moving average price of $19.61.

Hedge Funds Weigh In On AAM Low Duration Preferred & Income Securities ETF

A number of hedge funds have recently made changes to their positions in the business. Teucrium Investment Advisors LLC purchased a new stake in AAM Low Duration Preferred & Income Securities ETF during the 4th quarter worth $5,744,000. Captrust Financial Advisors lifted its stake in shares of AAM Low Duration Preferred & Income Securities ETF by 4.2% during the fourth quarter. Captrust Financial Advisors now owns 168,446 shares of the company’s stock worth $3,296,000 after purchasing an additional 6,771 shares in the last quarter. Finally, Ascentis Independent Advisors acquired a new position in shares of AAM Low Duration Preferred & Income Securities ETF during the first quarter worth about $30,000.

AAM Low Duration Preferred & Income Securities ETF Company Profile

The AAM Low Duration Preferred and Income Securities ETF (PFLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value weighted U.S. index of short-term preferred and hybrid securities that are multifactor-selected. PFLD was launched on Nov 19, 2019 and is managed by AAM.