InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Short Interest Up 42.3% in February

InfraCap REIT Preferred ETF (NYSEARCA:PFFRGet Free Report) was the target of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 66,234 shares, an increase of 42.3% from the January 29th total of 46,538 shares. Based on an average daily volume of 42,362 shares, the short-interest ratio is currently 1.6 days. Approximately 1.1% of the shares of the company are short sold. Approximately 1.1% of the shares of the company are short sold. Based on an average daily volume of 42,362 shares, the short-interest ratio is currently 1.6 days.

InfraCap REIT Preferred ETF Stock Down 1.8%

InfraCap REIT Preferred ETF stock traded down $0.32 during mid-day trading on Friday, reaching $17.87. The company’s stock had a trading volume of 76,686 shares, compared to its average volume of 47,110. InfraCap REIT Preferred ETF has a 12-month low of $16.99 and a 12-month high of $19.27. The firm’s fifty day moving average price is $18.16 and its two-hundred day moving average price is $18.38.

InfraCap REIT Preferred ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were paid a dividend of $0.123 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) annualized dividend and a yield of 8.3%.

Institutional Investors Weigh In On InfraCap REIT Preferred ETF

A hedge fund recently raised its stake in InfraCap REIT Preferred ETF stock. Kingswood Wealth Advisors LLC lifted its position in shares of InfraCap REIT Preferred ETF (NYSEARCA:PFFRFree Report) by 206.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,789 shares of the company’s stock after purchasing an additional 32,860 shares during the period. Kingswood Wealth Advisors LLC owned 0.83% of InfraCap REIT Preferred ETF worth $912,000 as of its most recent SEC filing.

About InfraCap REIT Preferred ETF

(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.

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