Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) Short Interest Up 1,389.3% in May

Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 4,885 shares, a growth of 1,389.3% from the May 14th total of 328 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 120,385 shares, the days-to-cover ratio is presently 0.0 days.

Global X SuperIncome Preferred ETF Trading Down 1.2%

SPFF traded down $0.11 during trading on Wednesday, reaching $9.44. 18,238 shares of the company’s stock were exchanged, compared to its average volume of 51,981. Global X SuperIncome Preferred ETF has a one year low of $8.70 and a one year high of $9.77. The firm has a fifty day moving average price of $9.35 and a two-hundred day moving average price of $9.32.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. LPL Financial LLC boosted its holdings in shares of Global X SuperIncome Preferred ETF by 1.2% during the 4th quarter. LPL Financial LLC now owns 642,722 shares of the company’s stock worth $5,990,000 after buying an additional 7,607 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of Global X SuperIncome Preferred ETF by 28.5% in the 3rd quarter. Raymond James Financial Inc. now owns 110,473 shares of the company’s stock valued at $1,021,000 after acquiring an additional 24,474 shares in the last quarter. Advisory Services Network LLC lifted its position in shares of Global X SuperIncome Preferred ETF by 55.9% during the 4th quarter. Advisory Services Network LLC now owns 27,567 shares of the company’s stock valued at $257,000 after acquiring an additional 9,883 shares during the period. Sei Investments Co. boosted its stake in Global X SuperIncome Preferred ETF by 20.6% during the second quarter. Sei Investments Co. now owns 24,180 shares of the company’s stock worth $217,000 after acquiring an additional 4,123 shares in the last quarter. Finally, Osaic Holdings Inc. grew its holdings in Global X SuperIncome Preferred ETF by 111.4% in the fourth quarter. Osaic Holdings Inc. now owns 21,897 shares of the company’s stock worth $204,000 after purchasing an additional 11,538 shares during the period.

Global X SuperIncome Preferred ETF Company Profile

The Global X SuperIncome Preferred ETF (SPFF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of 50 of the highest-yielding preferred securities that are traded in the US and Canada. SPFF was launched on Jul 17, 2012 and is managed by Global X.