Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Short Interest Update

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 312,277 shares, a decrease of 57.1% from the December 15th total of 728,080 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 800,005 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 800,005 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its holdings in Virtus InfraCap U.S. Preferred Stock ETF by 50.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,000 shares of the company’s stock worth $62,000 after purchasing an additional 1,000 shares during the period. Farther Finance Advisors LLC grew its position in shares of Virtus InfraCap U.S. Preferred Stock ETF by 153,000.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,062 shares of the company’s stock worth $66,000 after buying an additional 3,060 shares in the last quarter. Venturi Wealth Management LLC purchased a new position in shares of Virtus InfraCap U.S. Preferred Stock ETF during the second quarter valued at $234,000. NewEdge Advisors LLC raised its holdings in shares of Virtus InfraCap U.S. Preferred Stock ETF by 115.5% in the third quarter. NewEdge Advisors LLC now owns 17,881 shares of the company’s stock valued at $388,000 after acquiring an additional 9,584 shares in the last quarter. Finally, Triumph Capital Management raised its holdings in shares of Virtus InfraCap U.S. Preferred Stock ETF by 2.4% in the third quarter. Triumph Capital Management now owns 21,936 shares of the company’s stock valued at $476,000 after acquiring an additional 518 shares in the last quarter.

Virtus InfraCap U.S. Preferred Stock ETF Trading Down 0.1%

PFFA stock traded down $0.03 during trading on Friday, hitting $21.95. The company had a trading volume of 770,696 shares, compared to its average volume of 801,112. Virtus InfraCap U.S. Preferred Stock ETF has a 52-week low of $19.20 and a 52-week high of $22.50. The company has a 50 day simple moving average of $21.62 and a 200-day simple moving average of $21.63.

Virtus InfraCap U.S. Preferred Stock ETF Company Profile

The Virtus InfraCap U.S. Preferred Stock ETF (PFFA) is an exchange-traded fund that is based on the SP US Preferred Stock index. The fund is an actively managed fund of US preferred stock that leverages the portfolio to varying degrees. The fund seeks current income, with capital appreciation as a secondary goal. PFFA was launched on May 15, 2018 and is managed by Virtus.