InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Sees Large Decrease in Short Interest

InfraCap REIT Preferred ETF (NYSEARCA:PFFRGet Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,813 shares, a decline of 58.3% from the May 14th total of 4,345 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 49,151 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of InfraCap REIT Preferred ETF

A hedge fund recently raised its stake in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC raised its stake in shares of InfraCap REIT Preferred ETF (NYSEARCA:PFFRFree Report) by 101.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 90,350 shares of the company’s stock after buying an additional 45,510 shares during the period. Janney Montgomery Scott LLC owned about 1.37% of InfraCap REIT Preferred ETF worth $1,559,000 as of its most recent SEC filing.

InfraCap REIT Preferred ETF Stock Down 0.2%

InfraCap REIT Preferred ETF stock traded down $0.03 during mid-day trading on Friday, hitting $17.61. The company’s stock had a trading volume of 19,819 shares, compared to its average volume of 42,279. InfraCap REIT Preferred ETF has a 52-week low of $17.05 and a 52-week high of $19.27. The firm’s 50 day moving average is $17.67 and its 200 day moving average is $17.89.

About InfraCap REIT Preferred ETF

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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.

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