Short Interest in InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Rises By 236.7%

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 10,884 shares, a growth of 236.7% from the June 15th total of 3,233 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 26,303 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On InfraCap REIT Preferred ETF

A hedge fund recently raised its position in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC grew its position in shares of InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 4.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 44,840 shares of the company’s stock after purchasing an additional 2,033 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.76% of InfraCap REIT Preferred ETF worth $808,000 as of its most recent filing with the SEC.

InfraCap REIT Preferred ETF Stock Up 0.5%

PFFR stock traded up $0.09 during midday trading on Tuesday, reaching $17.77. 29,100 shares of the company were exchanged, compared to its average volume of 39,829. InfraCap REIT Preferred ETF has a 1-year low of $17.05 and a 1-year high of $19.27. The stock’s 50-day simple moving average is $17.67 and its 200 day simple moving average is $17.81.

InfraCap REIT Preferred ETF Company Profile

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.