Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) Short Interest Update

Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 1,747 shares, a growth of 165.1% from the November 30th total of 659 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 44,510 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 44,510 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Citadel Advisors LLC purchased a new position in shares of Global X SuperIncome Preferred ETF in the third quarter worth approximately $361,000. Ameriprise Financial Inc. purchased a new position in Global X SuperIncome Preferred ETF during the 3rd quarter worth approximately $136,000. Raymond James Financial Inc. grew its position in Global X SuperIncome Preferred ETF by 28.5% during the 3rd quarter. Raymond James Financial Inc. now owns 110,473 shares of the company’s stock worth $1,021,000 after purchasing an additional 24,474 shares in the last quarter. Sei Investments Co. raised its stake in Global X SuperIncome Preferred ETF by 43.6% during the 3rd quarter. Sei Investments Co. now owns 34,728 shares of the company’s stock valued at $321,000 after purchasing an additional 10,548 shares during the period. Finally, UBS Group AG lifted its holdings in shares of Global X SuperIncome Preferred ETF by 1.1% in the third quarter. UBS Group AG now owns 168,282 shares of the company’s stock valued at $1,555,000 after purchasing an additional 1,883 shares in the last quarter.

Global X SuperIncome Preferred ETF Trading Up 0.2%

Shares of NYSEARCA SPFF traded up $0.02 during mid-day trading on Friday, hitting $9.52. 36,308 shares of the company traded hands, compared to its average volume of 36,700. Global X SuperIncome Preferred ETF has a 1 year low of $8.25 and a 1 year high of $9.54. The business has a 50 day moving average of $9.26 and a two-hundred day moving average of $9.20.

About Global X SuperIncome Preferred ETF

The Global X SuperIncome Preferred ETF (SPFF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of 50 of the highest-yielding preferred securities that are traded in the US and Canada. SPFF was launched on Jul 17, 2012 and is managed by Global X.