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

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totaling 312,277 shares, a decline of 57.1% from the December 15th total of 728,080 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 800,005 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 800,005 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the shares of the stock are short sold.

Virtus InfraCap U.S. Preferred Stock ETF Stock Up 0.2%

Shares of NYSEARCA PFFA traded up $0.04 during mid-day trading on Wednesday, reaching $21.92. The company had a trading volume of 605,864 shares, compared to its average volume of 814,440. The business’s 50-day simple moving average is $21.60 and its 200 day simple moving average is $21.62. Virtus InfraCap U.S. Preferred Stock ETF has a one year low of $19.20 and a one year high of $22.50.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of Virtus InfraCap U.S. Preferred Stock ETF by 34,786.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 53,028 shares of the company’s stock valued at $1,151,000 after purchasing an additional 52,876 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Virtus InfraCap U.S. Preferred Stock ETF by 115.5% in the third quarter. NewEdge Advisors LLC now owns 17,881 shares of the company’s stock valued at $388,000 after buying an additional 9,584 shares in the last quarter. Triumph Capital Management grew its position in Virtus InfraCap U.S. Preferred Stock ETF by 2.4% in the third quarter. Triumph Capital Management now owns 21,936 shares of the company’s stock valued at $476,000 after acquiring an additional 518 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in Virtus InfraCap U.S. Preferred Stock ETF by 2.7% during the third quarter. Integrated Wealth Concepts LLC now owns 26,724 shares of the company’s stock worth $580,000 after acquiring an additional 695 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Virtus InfraCap U.S. Preferred Stock ETF by 50.0% in the third quarter. EverSource Wealth Advisors LLC now owns 4,500 shares of the company’s stock worth $98,000 after acquiring an additional 1,500 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.