Short Interest in AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) Increases By 643.9%

AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 982 shares, an increase of 643.9% from the August 15th total of 132 shares. Based on an average daily volume of 45,045 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On AAM Low Duration Preferred & Income Securities ETF

A number of institutional investors have recently added to or reduced their stakes in PFLD. Ascentis Independent Advisors purchased a new stake in AAM Low Duration Preferred & Income Securities ETF in the 1st quarter worth $30,000. Captrust Financial Advisors lifted its holdings in AAM Low Duration Preferred & Income Securities ETF by 0.6% during the second quarter. Captrust Financial Advisors now owns 166,055 shares of the company’s stock valued at $3,256,000 after purchasing an additional 1,029 shares in the last quarter. Finally, Teucrium Investment Advisors LLC purchased a new position in AAM Low Duration Preferred & Income Securities ETF during the fourth quarter valued at $5,744,000.

AAM Low Duration Preferred & Income Securities ETF Stock Performance

AAM Low Duration Preferred & Income Securities ETF stock opened at $19.37 on Friday. The business has a 50 day simple moving average of $19.55 and a 200-day simple moving average of $19.59. AAM Low Duration Preferred & Income Securities ETF has a 12 month low of $19.29 and a 12 month high of $19.90.

AAM Low Duration Preferred & Income Securities ETF Company Profile

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.