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

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 381,820 shares, a growth of 31.9% from the January 29th total of 289,439 shares. Based on an average trading volume of 978,873 shares, the short-interest ratio is presently 0.4 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 978,873 shares, the short-interest ratio is presently 0.4 days.

Virtus InfraCap U.S. Preferred Stock ETF Stock Up 0.8%

PFFA traded up $0.18 during trading on Wednesday, hitting $21.54. 704,870 shares of the stock traded hands, compared to its average volume of 989,247. Virtus InfraCap U.S. Preferred Stock ETF has a twelve month low of $19.20 and a twelve month high of $22.50. The business has a 50 day moving average price of $21.75 and a 200 day moving average price of $21.72.

Virtus InfraCap U.S. Preferred Stock ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were issued a $0.1725 dividend. This represents a c) dividend on an annualized basis and a yield of 9.6%. The ex-dividend date was Friday, February 20th.

Institutional Investors Weigh In On Virtus InfraCap U.S. Preferred Stock ETF

A number of institutional investors have recently modified their holdings of the company. Field & Main Bank bought a new stake in shares of Virtus InfraCap U.S. Preferred Stock ETF in the 4th quarter valued at $31,000. Flagship Harbor Advisors LLC acquired a new position in shares of Virtus InfraCap U.S. Preferred Stock ETF during the fourth quarter worth approximately $40,000. EverSource Wealth Advisors LLC lifted its stake in shares of Virtus InfraCap U.S. Preferred Stock ETF by 50.0% in the second quarter. EverSource Wealth Advisors LLC now owns 3,000 shares of the company’s stock valued at $62,000 after buying an additional 1,000 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Virtus InfraCap U.S. Preferred Stock ETF by 153,000.0% during the third quarter. Farther Finance Advisors LLC now owns 3,062 shares of the company’s stock worth $66,000 after acquiring an additional 3,060 shares in the last quarter. Finally, Anfield Capital Management LLC raised its stake in shares of Virtus InfraCap U.S. Preferred Stock ETF by 44.4% in 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 during 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.