InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Short Interest Update

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,813 shares, a decline of 58.3% from the May 14th total of 4,345 shares. Based on an average trading volume of 49,151 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On InfraCap REIT Preferred ETF

A hedge fund recently raised its stake in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC raised its stake in shares of InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 4.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 44,840 shares of the company’s stock after buying an additional 2,033 shares during the period. Janney Montgomery Scott LLC owned about 0.76% of InfraCap REIT Preferred ETF worth $808,000 as of its most recent SEC filing.

InfraCap REIT Preferred ETF Price Performance

NYSEARCA PFFR traded down $0.03 during mid-day trading on Friday, reaching $17.61. The stock had a trading volume of 19,819 shares, compared to its average volume of 42,279. InfraCap REIT Preferred ETF has a 1 year low of $17.05 and a 1 year high of $19.27. The company has a fifty day moving average price of $17.67 and a 200 day moving average price of $17.89.

About InfraCap REIT Preferred ETF

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.