InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Short Interest Down 46.0% in March

InfraCap REIT Preferred ETF (NYSEARCA:PFFRGet Free Report) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 43,425 shares, a drop of 46.0% from the February 26th total of 80,479 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 40,689 shares, the short-interest ratio is currently 1.1 days.

Institutional Investors Weigh In On InfraCap REIT Preferred ETF

An institutional investor recently raised its position in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC boosted its stake in shares of InfraCap REIT Preferred ETF (NYSEARCA:PFFRFree Report) by 4.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 44,840 shares of the company’s stock after purchasing an additional 2,033 shares during the quarter. Janney Montgomery Scott LLC owned about 0.76% of InfraCap REIT Preferred ETF worth $808,000 at the end of the most recent quarter.

InfraCap REIT Preferred ETF Trading Down 1.4%

Shares of InfraCap REIT Preferred ETF stock opened at $17.26 on Friday. The stock has a 50-day simple moving average of $17.97 and a 200-day simple moving average of $18.26. InfraCap REIT Preferred ETF has a 52-week low of $16.99 and a 52-week high of $19.27.

InfraCap REIT Preferred ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were paid a $0.123 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date of this dividend was Friday, February 20th.

InfraCap REIT Preferred ETF Company Profile

(Get Free Report)

The InfraCap REIT Preferred ETF (PFFR) is an exchange-traded fund that is based on the Indxx REIT Preferred Stock index, a modified market-cap-weighted index of US-listed preferred securities issued by real estate investment trusts (REITs). PFFR was launched on Feb 7, 2017 and is managed by InfraCap.

Further Reading

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