AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) Short Interest Update

AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 27,513 shares, a growth of 4,752.4% from the January 15th total of 567 shares. Based on an average daily trading volume, of 134,961 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 134,961 shares, the short-interest ratio is presently 0.2 days.

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

An institutional investor recently raised its position in AAM Low Duration Preferred & Income Securities ETF stock. Captrust Financial Advisors boosted its stake in shares of AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) by 0.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 166,055 shares of the company’s stock after purchasing an additional 1,029 shares during the period. Captrust Financial Advisors owned about 0.66% of AAM Low Duration Preferred & Income Securities ETF worth $3,256,000 at the end of the most recent reporting period.

AAM Low Duration Preferred & Income Securities ETF Trading Down 0.1%

Shares of NYSEARCA PFLD opened at $19.75 on Thursday. AAM Low Duration Preferred & Income Securities ETF has a 1 year low of $19.23 and a 1 year high of $20.86. The company’s 50-day moving average is $19.68 and its 200 day moving average is $19.68.

AAM Low Duration Preferred & Income Securities ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Friday, January 30th were paid a $0.085 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend was Friday, January 30th.

About AAM Low Duration Preferred & Income Securities ETF

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.