Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFD) Sees Significant Drop in Short Interest

Posted by Brenda Bartman on May 20th, 2026

Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFD – Get Free Report) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 12,483 shares, a decline of 35.9% from the April 15th total of 19,464 shares. Based on an average trading volume of 12,410 shares, the short-interest ratio is presently 1.0 days.

Flaherty & Crumrine Preferred Income Fund Price Performance

PFD stock opened at $11.39 on Wednesday. Flaherty & Crumrine Preferred Income Fund has a 12 month low of $10.86 and a 12 month high of $12.16. The firm has a 50 day moving average of $11.41 and a two-hundred day moving average of $11.70.

Flaherty & Crumrine Preferred Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 24th will be given a $0.0689 dividend. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend is Friday, July 24th.

Institutional Trading of Flaherty & Crumrine Preferred Income Fund

Several large investors have recently added to or reduced their stakes in the business. Western Wealth Management LLC bought a new stake in Flaherty & Crumrine Preferred Income Fund in the first quarter worth approximately $32,000. Fifth Third Bancorp bought a new stake in Flaherty & Crumrine Preferred Income Fund in the first quarter worth approximately $98,000. Kestra Advisory Services LLC bought a new stake in Flaherty & Crumrine Preferred Income Fund in the first quarter worth approximately $128,000. Sit Investment Associates Inc. grew its position in Flaherty & Crumrine Preferred Income Fund by 8.5% in the fourth quarter. Sit Investment Associates Inc. now owns 1,176,356 shares of the real estate investment trust’s stock worth $13,963,000 after acquiring an additional 91,962 shares in the last quarter. Finally, 1607 Capital Partners LLC grew its position in Flaherty & Crumrine Preferred Income Fund by 56.4% in the fourth quarter. 1607 Capital Partners LLC now owns 56,600 shares of the real estate investment trust’s stock worth $672,000 after acquiring an additional 20,400 shares in the last quarter.

Flaherty & Crumrine Preferred Income Fund Company Profile

(Get Free Report)

Flaherty & Crumrine Preferred Income Fund (NYSE: PFD) is a closed-end management investment company that seeks to provide shareholders with a high level of current income by investing primarily in preferred securities. The fund’s portfolio typically includes both U.S. and global preferred stocks, hybrid capital instruments and other fixed-income securities that pay fixed or adjustable dividends. It may also invest in investment-grade and below-investment-grade issues to capture yield opportunities across credit quality tiers.

Since its inception in 2006, PFD has aimed to deliver attractive after-tax total returns by actively managing interest-rate and credit-risk exposure.