InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Stock Short Interest Declines 72.5%

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 4,767 shares, a decline of 72.5% from the August 31st total of 17,319 shares. Based on an average trading volume of 27,019 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

InfraCap REIT Preferred ETF Price Performance

PFFR opened at $16.80 on Friday. The business’s fifty day simple moving average is $17.45 and its 200 day simple moving average is $17.57. InfraCap REIT Preferred ETF has a 52 week low of $16.75 and a 52 week high of $19.00.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC boosted its stake in InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 101.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 90,350 shares of the company’s stock after purchasing an additional 45,510 shares during the period. Janney Montgomery Scott LLC owned about 1.37% of InfraCap REIT Preferred ETF worth $1,559,000 at the end of the most recent reporting period.

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.