Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Short Interest Update

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 148,581 shares, a decrease of 78.8% from the July 15th total of 701,572 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 810,259 shares, the days-to-cover ratio is currently 0.2 days.

Virtus InfraCap U.S. Preferred Stock ETF Stock Performance

Shares of NYSEARCA PFFA traded down $0.01 during mid-day trading on Friday, reaching $21.18. 380,066 shares of the company traded hands, compared to its average volume of 971,357. The company’s fifty day moving average is $20.88 and its two-hundred day moving average is $21.21. Virtus InfraCap U.S. Preferred Stock ETF has a fifty-two week low of $20.23 and a fifty-two week high of $22.50.

Institutional Investors Weigh In On Virtus InfraCap U.S. Preferred Stock ETF

Large investors have recently added to or reduced their stakes in the stock. Allied Private Wealth LLC bought a new position in shares of Virtus InfraCap U.S. Preferred Stock ETF in the second quarter valued at approximately $42,000. Sunbelt Securities Inc. boosted its holdings in shares of Virtus InfraCap U.S. Preferred Stock ETF by 177.3% during the 1st quarter. Sunbelt Securities Inc. now owns 56,816 shares of the company’s stock worth $1,157,000 after buying an additional 36,328 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Virtus InfraCap U.S. Preferred Stock ETF by 31.0% during the 1st quarter. Bank of New York Mellon Corp now owns 32,974 shares of the company’s stock worth $671,000 after buying an additional 7,805 shares during the period. Janney Montgomery Scott LLC boosted its holdings in shares of Virtus InfraCap U.S. Preferred Stock ETF by 1.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 55,534 shares of the company’s stock worth $1,131,000 after buying an additional 998 shares during the period. Finally, Venturi Wealth Management LLC grew its stake in Virtus InfraCap U.S. Preferred Stock ETF by 7.4% in the 1st quarter. Venturi Wealth Management LLC now owns 14,101 shares of the company’s stock valued at $287,000 after buying an additional 972 shares during the last quarter.

Virtus InfraCap U.S. Preferred Stock ETF Company Profile

The Virtus InfraCap U.S. Preferred Stock ETF (PFFA) is an exchange-traded fund that is based on the SP US Preferred Stock index. The fund is an actively managed fund of US preferred stock that leverages the portfolio to varying degrees. The fund seeks current income, with capital appreciation as a secondary goal. PFFA was launched on May 15, 2018 and is managed by Virtus.