Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) Short Interest Down 97.3% in May

Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 328 shares, a decrease of 97.3% from the April 30th total of 11,959 shares. Based on an average daily volume of 85,956 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Global X SuperIncome Preferred ETF Stock Up 0.4%

NYSEARCA:SPFF traded up $0.04 during trading hours on Wednesday, hitting $9.54. The stock had a trading volume of 857,905 shares, compared to its average volume of 52,037. Global X SuperIncome Preferred ETF has a one year low of $8.65 and a one year high of $9.65. The business’s 50 day moving average is $9.22 and its 200-day moving average is $9.29.

Institutional Investors Weigh In On Global X SuperIncome Preferred ETF

Several large investors have recently bought and sold shares of SPFF. Citadel Advisors LLC bought a new stake in Global X SuperIncome Preferred ETF in the third quarter valued at approximately $361,000. Global Retirement Partners LLC lifted its stake in Global X SuperIncome Preferred ETF by 88.8% in the fourth quarter. Global Retirement Partners LLC now owns 65,900 shares of the company’s stock valued at $614,000 after buying an additional 31,000 shares in the last quarter. Jane Street Group LLC lifted its stake in Global X SuperIncome Preferred ETF by 45.8% in 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. Raymond James Financial Inc. increased its position in shares of Global X SuperIncome Preferred ETF by 28.5% during the third quarter. Raymond James Financial Inc. now owns 110,473 shares of the company’s stock worth $1,021,000 after acquiring an additional 24,474 shares in the last quarter. Finally, Cary Street Partners Financial LLC bought a new stake in shares of Global X SuperIncome Preferred ETF during the fourth quarter worth $177,000.

About Global X SuperIncome Preferred ETF

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.