Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) Short Interest Update

Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 4,885 shares, an increase of 1,389.3% from the May 14th total of 328 shares. Based on an average daily volume of 120,385 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Global X SuperIncome Preferred ETF Stock Performance

NYSEARCA:SPFF remained flat at $9.44 during trading hours on Thursday. 4,148 shares of the company’s stock were exchanged, compared to its average volume of 51,565. Global X SuperIncome Preferred ETF has a fifty-two week low of $8.70 and a fifty-two week high of $9.77. The company’s 50 day simple moving average is $9.36 and its 200 day simple moving average is $9.32.

Institutional Investors Weigh In On Global X SuperIncome Preferred ETF

A number of hedge funds have recently modified their holdings of SPFF. Fifth Third Bancorp bought a new stake in shares of Global X SuperIncome Preferred ETF during the 1st quarter valued at $44,000. Harbour Investments Inc. grew its position in shares of Global X SuperIncome Preferred ETF by 67.8% during the 4th quarter. Harbour Investments Inc. now owns 6,461 shares of the company’s stock valued at $60,000 after acquiring an additional 2,611 shares during the period. Ameriprise Financial Inc. bought a new stake in shares of Global X SuperIncome Preferred ETF during the 3rd quarter valued at $136,000. Jane Street Group LLC bought a new stake in shares of Global X SuperIncome Preferred ETF during the 4th quarter valued at $161,000. Finally, Cornerstone Wealth Management LLC grew its position in shares of Global X SuperIncome Preferred ETF by 9.7% during the 4th quarter. Cornerstone Wealth Management LLC now owns 18,089 shares of the company’s stock valued at $169,000 after acquiring an additional 1,592 shares during the period.

Global X SuperIncome Preferred ETF Company Profile

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.