AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) Shares Shorted: Short Interest Up 321.1% in September

AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 5,057 shares, an increase of 321.1% from the September 15th total of 1,201 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 104,589 shares, the days-to-cover ratio is presently 0.0 days.

AAM Low Duration Preferred & Income Securities ETF Trading Up 0.1%

Shares of PFLD traded up $0.01 during mid-day trading on Friday, reaching $19.20. The stock had a trading volume of 32,744 shares, compared to its average volume of 77,256. AAM Low Duration Preferred & Income Securities ETF has a 52-week low of $19.06 and a 52-week high of $19.87. The business’s fifty day moving average is $19.42 and its 200 day moving average is $19.54.

Hedge Funds Weigh In On AAM Low Duration Preferred & Income Securities ETF

A hedge fund recently bought a new stake in AAM Low Duration Preferred & Income Securities ETF stock. Ascentis Independent Advisors bought a new stake in AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,529 shares of the company’s stock, valued at approximately $30,000.

AAM Low Duration Preferred & Income Securities ETF Company Profile

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.