Short Interest in InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Rises By 78.3%

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 3,233 shares, a growth of 78.3% from the May 31st total of 1,813 shares. Based on an average daily volume of 29,675 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

InfraCap REIT Preferred ETF Price Performance

Shares of NYSEARCA PFFR opened at $17.51 on Thursday. InfraCap REIT Preferred ETF has a 52-week low of $17.05 and a 52-week high of $19.27. The business has a 50-day moving average price of $17.68 and a 200 day moving average price of $17.84.

Institutional Investors Weigh In On InfraCap REIT Preferred ETF

An institutional investor recently raised its stake in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC grew its position in InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 4.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,840 shares of the company’s stock after acquiring 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 reporting period.

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.