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 decline in short interest in the month of June. As of June 15th, there was short interest totaling 207,250 shares, a decline of 59.6% from the May 31st total of 512,651 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 1,072,643 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Field & Main Bank acquired a new position in shares of Virtus InfraCap U.S. Preferred Stock ETF during the fourth quarter valued at $31,000. Flagship Harbor Advisors LLC acquired a new stake in Virtus InfraCap U.S. Preferred Stock ETF in the fourth quarter worth about $40,000. EverSource Wealth Advisors LLC grew its position in Virtus InfraCap U.S. Preferred Stock ETF by 50.0% in the 2nd 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. Anfield Capital Management LLC grew its position in Virtus InfraCap U.S. Preferred Stock ETF by 44.4% in the 4th quarter. Anfield Capital Management LLC now owns 8,013 shares of the company’s stock valued at $173,000 after buying an additional 2,464 shares in the last quarter. Finally, Venturi Wealth Management LLC increased its stake in Virtus InfraCap U.S. Preferred Stock ETF by 7.4% during the 1st quarter. Venturi Wealth Management LLC now owns 14,101 shares of the company’s stock valued at $287,000 after buying an additional 972 shares during the period.

Virtus InfraCap U.S. Preferred Stock ETF Stock Performance

PFFA stock traded up $0.12 on Monday, reaching $20.66. The company’s stock had a trading volume of 1,450,508 shares, compared to its average volume of 1,026,225. Virtus InfraCap U.S. Preferred Stock ETF has a 52 week low of $20.23 and a 52 week high of $22.50. The firm has a fifty day moving average of $21.37 and a two-hundred day moving average of $21.44.

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.