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

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 3,233 shares, an increase of 78.3% from the May 31st total of 1,813 shares. Based on an average daily volume of 29,675 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor 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 101.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 90,350 shares of the company’s stock after acquiring an additional 45,510 shares during the period. Janney Montgomery Scott LLC owned about 1.37% of InfraCap REIT Preferred ETF worth $1,559,000 at the end of the most recent reporting period.

InfraCap REIT Preferred ETF Trading Up 1.2%

Shares of PFFR opened at $17.72 on Friday. The company has a 50-day simple moving average of $17.68 and a 200-day simple moving average of $17.84. InfraCap REIT Preferred ETF has a 52-week low of $17.05 and a 52-week high of $19.27.

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.