Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Short Interest Down 33.2% in August

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 99,295 shares, a decline of 33.2% from the July 30th total of 148,581 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 591,533 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Virtus InfraCap U.S. Preferred Stock ETF

Several large investors have recently added to or reduced their stakes in the stock. Tsfg LLC acquired a new stake in shares of Virtus InfraCap U.S. Preferred Stock ETF in the 2nd quarter worth $29,000. Allied Private Wealth LLC acquired a new position in shares of Virtus InfraCap U.S. Preferred Stock ETF during the 2nd quarter valued at about $42,000. EverSource Wealth Advisors LLC grew its holdings in shares of Virtus InfraCap U.S. Preferred Stock ETF by 50.0% in the second quarter. EverSource Wealth Advisors LLC now owns 3,000 shares of the company’s stock valued at $62,000 after purchasing an additional 1,000 shares during the period. Anfield Capital Management LLC grew its holdings in shares of Virtus InfraCap U.S. Preferred Stock ETF by 44.4% in the fourth quarter. Anfield Capital Management LLC now owns 8,013 shares of the company’s stock valued at $173,000 after purchasing an additional 2,464 shares during the period. Finally, Venturi Wealth Management LLC increased its position in Virtus InfraCap U.S. Preferred Stock ETF by 7.4% during the first quarter. Venturi Wealth Management LLC now owns 14,101 shares of the company’s stock worth $287,000 after purchasing an additional 972 shares during the last quarter.

Virtus InfraCap U.S. Preferred Stock ETF Price Performance

Shares of PFFA stock traded down $0.09 during trading hours on Tuesday, reaching $20.88. The company had a trading volume of 750,499 shares, compared to its average volume of 953,442. Virtus InfraCap U.S. Preferred Stock ETF has a 12-month low of $20.23 and a 12-month high of $22.50. The stock has a fifty day moving average of $20.83 and a 200-day moving average of $21.14.

About Virtus InfraCap U.S. Preferred Stock ETF

The Virtus InfraCap U.S. Preferred Stock ETF (PFFA) is an exchange-traded fund that is based on the SP US Preferred Stock index. The fund is an actively managed fund of US preferred stock that leverages the portfolio to varying degrees. The fund seeks current income, with capital appreciation as a secondary goal. PFFA was launched on May 15, 2018 and is managed by Virtus.