InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Short Interest Down 58.3% in May

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 1,813 shares, a decrease of 58.3% from the May 14th total of 4,345 shares. Based on an average trading volume of 49,151 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC grew its stake in shares of InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 4.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 44,840 shares of the company’s stock after acquiring an additional 2,033 shares during the period. Janney Montgomery Scott LLC owned about 0.76% of InfraCap REIT Preferred ETF worth $808,000 at the end of the most recent reporting period.

InfraCap REIT Preferred ETF Price Performance

InfraCap REIT Preferred ETF stock opened at $17.64 on Friday. InfraCap REIT Preferred ETF has a twelve month low of $17.05 and a twelve month high of $19.27. The firm has a 50 day moving average price of $17.66 and a 200-day moving average price of $17.89.

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.