InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Short Interest Down 89.5% in May

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,345 shares, a decrease of 89.5% from the April 30th total of 41,537 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 23,434 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of InfraCap REIT Preferred ETF

A hedge fund recently raised its stake in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC increased its position in shares of InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 4.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 44,840 shares of the company’s stock after acquiring an additional 2,033 shares during the period. Janney Montgomery Scott LLC owned approximately 0.76% of InfraCap REIT Preferred ETF worth $808,000 as of its most recent filing with the Securities and Exchange Commission.

InfraCap REIT Preferred ETF Stock Performance

InfraCap REIT Preferred ETF stock traded down $0.04 during midday trading on Friday, reaching $17.54. 63,802 shares of the stock were exchanged, compared to its average volume of 43,483. The company’s fifty day moving average is $17.61 and its 200-day moving average is $17.93. InfraCap REIT Preferred ETF has a 52 week low of $17.05 and a 52 week high of $19.27.

InfraCap REIT Preferred ETF Company Profile

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.