AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) Short Interest Update

AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totaling 567 shares, a drop of 96.2% from the December 31st total of 15,062 shares. Based on an average daily volume of 94,658 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 94,658 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of AAM Low Duration Preferred & Income Securities ETF

Hedge funds have recently made changes to their positions in the business. Alpine Bank Wealth Management grew its position in AAM Low Duration Preferred & Income Securities ETF by 655.0% in the third quarter. Alpine Bank Wealth Management now owns 39,146 shares of the company’s stock worth $771,000 after acquiring an additional 33,961 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of AAM Low Duration Preferred & Income Securities ETF by 4.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 89,316 shares of the company’s stock valued at $1,751,000 after purchasing an additional 3,916 shares during the last quarter. Finally, Captrust Financial Advisors lifted its stake in shares of AAM Low Duration Preferred & Income Securities ETF by 0.6% in the 2nd quarter. Captrust Financial Advisors now owns 166,055 shares of the company’s stock valued at $3,256,000 after purchasing an additional 1,029 shares during the last quarter.

AAM Low Duration Preferred & Income Securities ETF Price Performance

AAM Low Duration Preferred & Income Securities ETF stock traded down $0.03 during mid-day trading on Thursday, reaching $19.78. 134,966 shares of the company’s stock traded hands, compared to its average volume of 111,193. AAM Low Duration Preferred & Income Securities ETF has a 12-month low of $19.23 and a 12-month high of $20.86. The stock has a 50 day moving average of $19.66 and a two-hundred day moving average of $19.67.

About AAM Low Duration Preferred & Income Securities ETF

The AAM Low Duration Preferred and Income Securities ETF (PFLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value weighted U.S. index of short-term preferred and hybrid securities that are multifactor-selected. PFLD was launched on Nov 19, 2019 and is managed by AAM.