Short Interest in InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Rises By 78.3%

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 3,233 shares, a growth of 78.3% from the May 31st total of 1,813 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 29,675 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

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

InfraCap REIT Preferred ETF Price Performance

PFFR stock opened at $17.51 on Thursday. InfraCap REIT Preferred ETF has a twelve month low of $17.05 and a twelve month high of $19.27. The company’s 50 day moving average is $17.68 and its two-hundred day moving average is $17.84.

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.