Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) Short Interest Up 165.1% in December

Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 1,747 shares, a growth of 165.1% from the November 30th total of 659 shares. Based on an average daily trading volume, of 44,510 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 44,510 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Global X SuperIncome Preferred ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Whipplewood Advisors LLC raised its stake in Global X SuperIncome Preferred ETF by 5.7% during the third quarter. Whipplewood Advisors LLC now owns 25,552 shares of the company’s stock worth $236,000 after acquiring an additional 1,375 shares during the period. UBS Group AG grew its holdings in shares of Global X SuperIncome Preferred ETF by 1.1% during the third quarter. UBS Group AG now owns 168,282 shares of the company’s stock valued at $1,555,000 after purchasing an additional 1,883 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Global X SuperIncome Preferred ETF by 1.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 168,443 shares of the company’s stock worth $1,556,000 after purchasing an additional 1,932 shares during the period. Foundations Investment Advisors LLC lifted its holdings in shares of Global X SuperIncome Preferred ETF by 7.5% in the 3rd quarter. Foundations Investment Advisors LLC now owns 27,854 shares of the company’s stock worth $257,000 after purchasing an additional 1,935 shares during the last quarter. Finally, Allworth Financial LP acquired a new position in Global X SuperIncome Preferred ETF during the 2nd quarter valued at approximately $25,000.

Global X SuperIncome Preferred ETF Price Performance

Shares of SPFF traded up $0.02 during mid-day trading on Friday, hitting $9.52. The stock had a trading volume of 36,309 shares, compared to its average volume of 36,700. Global X SuperIncome Preferred ETF has a fifty-two week low of $8.25 and a fifty-two week high of $9.54. The company’s fifty day simple moving average is $9.27 and its two-hundred day simple moving average is $9.20.

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.