InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Short Interest Up 236.7% in June

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 10,884 shares, an increase of 236.7% from the June 15th total of 3,233 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 26,303 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On InfraCap REIT Preferred ETF

An institutional investor recently raised its stake in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC boosted its holdings in shares of InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 4.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,840 shares of the company’s stock after purchasing an additional 2,033 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.76% of InfraCap REIT Preferred ETF worth $808,000 at the end of the most recent reporting period.

InfraCap REIT Preferred ETF Stock Up 0.5%

PFFR opened at $17.77 on Wednesday. The company has a fifty day moving average of $17.67 and a two-hundred day moving average of $17.81. InfraCap REIT Preferred ETF has a fifty-two week low of $17.05 and a fifty-two week high of $19.27.

InfraCap REIT Preferred ETF Company Profile

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.