Global X SuperIncome Preferred ETF (NYSEARCA:SPFF – Get Free Report) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 45,368 shares, a decrease of 38.0% from the June 15th total of 73,173 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 49,567 shares, the short-interest ratio is presently 0.9 days.
Global X SuperIncome Preferred ETF Stock Performance
Shares of Global X SuperIncome Preferred ETF stock opened at $9.37 on Friday. The stock’s 50 day simple moving average is $9.47 and its 200-day simple moving average is $9.34. Global X SuperIncome Preferred ETF has a 1-year low of $8.79 and a 1-year high of $9.77.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of SPFF. Citadel Advisors LLC purchased a new stake in Global X SuperIncome Preferred ETF during the 3rd quarter worth about $361,000. Global Retirement Partners LLC lifted its stake in Global X SuperIncome Preferred ETF by 88.8% in the fourth quarter. Global Retirement Partners LLC now owns 65,900 shares of the company’s stock worth $614,000 after acquiring an additional 31,000 shares during the last quarter. Jane Street Group LLC increased its position in shares of Global X SuperIncome Preferred ETF by 45.8% in the 1st quarter. Jane Street Group LLC now owns 98,465 shares of the company’s stock valued at $883,000 after purchasing an additional 30,922 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in Global X SuperIncome Preferred ETF by 28.5% during the 3rd quarter. Raymond James Financial Inc. now owns 110,473 shares of the company’s stock worth $1,021,000 after buying an additional 24,474 shares during the last quarter. Finally, Cary Street Partners Financial LLC purchased a new position in shares of Global X SuperIncome Preferred ETF in the 4th quarter valued at about $177,000.
Global X SuperIncome Preferred ETF Company Profile
The Global X SuperIncome Preferred ETF (SPFF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of 50 of the highest-yielding preferred securities that are traded in the US and Canada. SPFF was launched on Jul 17, 2012 and is managed by Global X.
See Also
- Five stocks we like better than Global X SuperIncome Preferred ETF
- J.B. Hunt Stock Could Reach $340 as Trucking Capacity Shrinks
- The AI Data Center Boom Is Bigger Than One Stock—These ETFs Spread the Bet
- Palantir’s Wild Ride: Inside the Stock Wall Street Can’t Agree On
- Has Broadcom Become Too Expensive for Its AI Story?
Receive News & Ratings for Global X SuperIncome Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X SuperIncome Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.
