AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) Short Interest Update

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

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

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

AAM Low Duration Preferred & Income Securities ETF Trading Down 0.4%

NYSEARCA:PFLD opened at $19.37 on Friday. AAM Low Duration Preferred & Income Securities ETF has a 1-year low of $19.29 and a 1-year high of $19.90. The company’s fifty day moving average price is $19.55 and its 200-day moving average price is $19.59.

About AAM Low Duration Preferred & Income Securities ETF

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.