AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) Stock Short Interest Climbs 165.9%

AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 13,446 shares, an increase of 165.9% from the September 30th total of 5,057 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 66,566 shares, the days-to-cover ratio is currently 0.2 days.

AAM Low Duration Preferred & Income Securities ETF Stock Down 0.3%

Shares of AAM Low Duration Preferred & Income Securities ETF stock traded down $0.05 on Friday, reaching $19.04. The stock had a trading volume of 74,889 shares, compared to its average volume of 76,221. The company has a 50 day moving average price of $19.30 and a 200 day moving average price of $19.55. AAM Low Duration Preferred & Income Securities ETF has a 1 year low of $19.02 and a 1 year high of $19.87.

Hedge Funds Weigh In On AAM Low Duration Preferred & Income Securities ETF

A hedge fund recently bought a new stake in AAM Low Duration Preferred & Income Securities ETF stock. Alpine Bank Wealth Management purchased a new stake in AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,159 shares of the company’s stock, valued at approximately $137,000.

AAM Low Duration Preferred & Income Securities ETF Company Profile

The AAM Low Duration Preferred and Income Securities ETF (PFLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value weighted U.S. index of short-term preferred and hybrid securities that are multifactor-selected. PFLD was launched on Nov 19, 2019 and is managed by AAM.