Short Interest in InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Increases By 93.5%

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 32,500 shares, an increase of 93.5% from the August 31st total of 16,800 shares. Based on an average daily volume of 30,300 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 30,300 shares, the short-interest ratio is currently 1.1 days.

InfraCap REIT Preferred ETF Stock Performance

NYSEARCA PFFR opened at $18.86 on Tuesday. The stock’s 50 day simple moving average is $18.67 and its 200-day simple moving average is $18.20. InfraCap REIT Preferred ETF has a 1-year low of $16.99 and a 1-year high of $20.17.

Institutional Investors Weigh In On InfraCap REIT Preferred ETF

An institutional investor recently raised its position in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC increased its stake in shares of InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 84.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 33,231 shares of the company’s stock after buying an additional 15,222 shares during the quarter. Janney Montgomery Scott LLC owned about 0.71% of InfraCap REIT Preferred ETF worth $602,000 at the end of the most recent reporting period.

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.