Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) Short Interest Update

Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 11,959 shares, a growth of 4,125.8% from the April 15th total of 283 shares. Based on an average daily trading volume, of 31,488 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SPFF. Citadel Advisors LLC purchased a new position in Global X SuperIncome Preferred ETF in the 3rd quarter valued at approximately $361,000. Global Retirement Partners LLC grew its stake in Global X SuperIncome Preferred ETF by 88.8% in the 4th quarter. Global Retirement Partners LLC now owns 65,900 shares of the company’s stock valued at $614,000 after buying an additional 31,000 shares in the last quarter. Jane Street Group LLC grew its stake in Global X SuperIncome Preferred ETF by 45.8% in the 1st quarter. Jane Street Group LLC now owns 98,465 shares of the company’s stock valued at $883,000 after buying an additional 30,922 shares in the last quarter. Raymond James Financial Inc. grew its stake in Global X SuperIncome Preferred ETF by 28.5% in the 3rd quarter. Raymond James Financial Inc. now owns 110,473 shares of the company’s stock valued at $1,021,000 after buying an additional 24,474 shares in the last quarter. Finally, Cary Street Partners Financial LLC purchased a new position in Global X SuperIncome Preferred ETF in the 4th quarter valued at approximately $177,000.

Global X SuperIncome Preferred ETF Price Performance

Shares of NYSEARCA SPFF remained flat at $9.47 during trading on Wednesday. The stock had a trading volume of 4,050 shares, compared to its average volume of 39,227. Global X SuperIncome Preferred ETF has a 1 year low of $8.65 and a 1 year high of $9.65. The firm has a 50-day moving average of $9.13 and a 200-day moving average of $9.27.

About Global X SuperIncome Preferred ETF

The Global X SuperIncome Preferred ETF (SPFF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of 50 of the highest-yielding preferred securities that are traded in the US and Canada. SPFF was launched on Jul 17, 2012 and is managed by Global X.