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

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 289,353 shares, a decline of 54.2% from the April 30th total of 631,393 shares. Based on an average trading volume of 879,634 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are sold short.

Virtus InfraCap U.S. Preferred Stock ETF Stock Performance

NYSEARCA:PFFA traded up $0.11 during trading hours on Monday, hitting $21.47. The company’s stock had a trading volume of 877,774 shares, compared to its average volume of 993,671. The stock has a fifty day moving average of $21.23 and a 200-day moving average of $21.48. Virtus InfraCap U.S. Preferred Stock ETF has a 52-week low of $20.23 and a 52-week high of $22.50.

Hedge Funds Weigh In On Virtus InfraCap U.S. Preferred Stock ETF

Several large investors have recently bought and sold shares of PFFA. Field & Main Bank purchased a new stake in Virtus InfraCap U.S. Preferred Stock ETF during the fourth quarter worth approximately $31,000. Flagship Harbor Advisors LLC acquired a new stake in Virtus InfraCap U.S. Preferred Stock ETF during the fourth quarter worth approximately $40,000. EverSource Wealth Advisors LLC raised its holdings in Virtus InfraCap U.S. Preferred Stock ETF by 50.0% during the second quarter. EverSource Wealth Advisors LLC now owns 3,000 shares of the company’s stock worth $62,000 after purchasing an additional 1,000 shares in the last quarter. Anfield Capital Management LLC raised its holdings in Virtus InfraCap U.S. Preferred Stock ETF by 44.4% during the fourth quarter. Anfield Capital Management LLC now owns 8,013 shares of the company’s stock worth $173,000 after purchasing an additional 2,464 shares in the last quarter. Finally, Venturi Wealth Management LLC raised its holdings in Virtus InfraCap U.S. Preferred Stock ETF by 7.4% during the first quarter. Venturi Wealth Management LLC now owns 14,101 shares of the company’s stock worth $287,000 after purchasing an additional 972 shares in the last quarter.

About Virtus InfraCap U.S. Preferred Stock ETF

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.