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

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 80,479 shares, an increase of 21.5% from the February 12th total of 66,234 shares. Based on an average daily volume of 65,312 shares, the short-interest ratio is presently 1.2 days. Currently, 1.4% of the shares of the stock are sold short. Currently, 1.4% of the shares of the stock are sold short. Based on an average daily volume of 65,312 shares, the short-interest ratio is presently 1.2 days.

Hedge Funds Weigh In On InfraCap REIT Preferred ETF

A hedge fund recently raised its stake in InfraCap REIT Preferred ETF stock. Kingswood Wealth Advisors LLC increased its holdings in InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 206.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,789 shares of the company’s stock after acquiring an additional 32,860 shares during the period. Kingswood Wealth Advisors LLC owned about 0.83% of InfraCap REIT Preferred ETF worth $912,000 at the end of the most recent reporting period.

InfraCap REIT Preferred ETF Stock Performance

NYSEARCA PFFR remained flat at $17.64 on Monday. 40,752 shares of the company’s stock were exchanged, compared to its average volume of 45,685. InfraCap REIT Preferred ETF has a 52 week low of $16.99 and a 52 week high of $19.27. The business has a fifty day moving average price of $18.09 and a 200 day moving average price of $18.32.

InfraCap REIT Preferred ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were given a dividend of $0.123 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%.

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.