AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) Short Interest Up 643.9% in August

AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 982 shares, an increase of 643.9% from the August 15th total of 132 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 45,045 shares, the short-interest ratio is presently 0.0 days.

AAM Low Duration Preferred & Income Securities ETF Price Performance

PFLD opened at $19.48 on Friday. The company has a 50-day moving average of $19.54 and a 200-day moving average of $19.59. AAM Low Duration Preferred & Income Securities ETF has a 1-year low of $19.29 and a 1-year high of $19.90.

Institutional Trading of AAM Low Duration Preferred & Income Securities ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ascentis Independent Advisors acquired a new stake in AAM Low Duration Preferred & Income Securities ETF during the first quarter valued at approximately $30,000. Captrust Financial Advisors grew its position in shares of AAM Low Duration Preferred & Income Securities ETF by 0.6% in the 2nd quarter. Captrust Financial Advisors now owns 166,055 shares of the company’s stock worth $3,256,000 after acquiring an additional 1,029 shares in the last quarter. Finally, Teucrium Investment Advisors LLC acquired a new position in shares of AAM Low Duration Preferred & Income Securities ETF in the 4th quarter worth approximately $5,744,000.

AAM Low Duration Preferred & Income Securities ETF Company Profile

The AAM Low Duration Preferred and Income Securities ETF (PFLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value weighted U.S. index of short-term preferred and hybrid securities that are multifactor-selected. PFLD was launched on Nov 19, 2019 and is managed by AAM.