Short Interest in InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Decreases By 39.7%

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 19,600 shares, a decline of 39.7% from the September 15th total of 32,500 shares. Based on an average daily volume of 30,700 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 30,700 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of InfraCap REIT Preferred ETF

An institutional investor recently raised its position in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC raised its holdings in shares of InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 11.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,947 shares of the company’s stock after acquiring an additional 3,716 shares during the quarter. Janney Montgomery Scott LLC owned about 0.70% of InfraCap REIT Preferred ETF worth $662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

InfraCap REIT Preferred ETF Stock Performance

PFFR opened at $18.53 on Tuesday. InfraCap REIT Preferred ETF has a 1-year low of $16.99 and a 1-year high of $20.03. The company’s fifty day moving average price is $18.72 and its two-hundred day moving average price is $18.23.

About InfraCap REIT Preferred ETF

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.