Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) Short Interest Update

Global X SuperIncome Preferred ETF (NYSEARCA:SPFF) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 10,206 shares, a decrease of 69.9% from the July 30th total of 33,920 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 47,443 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Global X SuperIncome Preferred ETF

Hedge funds have recently modified their holdings of the business. Citadel Advisors LLC purchased a new stake in Global X SuperIncome Preferred ETF in the 3rd quarter valued at about $361,000. Global Retirement Partners LLC boosted its stake in Global X SuperIncome Preferred ETF by 88.8% during the fourth quarter. Global Retirement Partners LLC now owns 65,900 shares of the company’s stock worth $614,000 after buying an additional 31,000 shares during the period. Jane Street Group LLC increased its position in shares of Global X SuperIncome Preferred ETF by 45.8% during the first quarter. Jane Street Group LLC now owns 98,465 shares of the company’s stock valued at $883,000 after acquiring an additional 30,922 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Global X SuperIncome Preferred ETF by 28.5% during the third quarter. Raymond James Financial Inc. now owns 110,473 shares of the company’s stock valued at $1,021,000 after acquiring an additional 24,474 shares during the last quarter. Finally, Cary Street Partners Financial LLC purchased a new stake in shares of Global X SuperIncome Preferred ETF in the 4th quarter valued at approximately $177,000.

Global X SuperIncome Preferred ETF Price Performance

SPFF stock traded down $0.07 during midday trading on Friday, hitting $9.49. 30,991 shares of the company’s stock were exchanged, compared to its average volume of 49,604. Global X SuperIncome Preferred ETF has a 1-year low of $8.79 and a 1-year high of $9.77. The business has a 50-day simple moving average of $9.41 and a two-hundred day simple moving average of $9.33.

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.