AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD – Get Free Report) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 982 shares, an increase of 643.9% from the August 15th total of 132 shares. Based on an average daily trading volume, of 45,045 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.
AAM Low Duration Preferred & Income Securities ETF Trading Up 0.6%
Shares of AAM Low Duration Preferred & Income Securities ETF stock traded up $0.11 on Friday, hitting $19.48. 103,983 shares of the company traded hands, compared to its average volume of 75,761. AAM Low Duration Preferred & Income Securities ETF has a 12-month low of $19.29 and a 12-month high of $19.90. The company has a 50-day moving average price of $19.54 and a 200 day moving average price of $19.59.
Institutional Investors Weigh In On AAM Low Duration Preferred & Income Securities ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in PFLD. Teucrium Investment Advisors LLC acquired a new position in AAM Low Duration Preferred & Income Securities ETF in the fourth quarter worth approximately $5,744,000. Captrust Financial Advisors lifted its stake in AAM Low Duration Preferred & Income Securities ETF by 4.2% in the fourth quarter. Captrust Financial Advisors now owns 168,446 shares of the company’s stock valued at $3,296,000 after acquiring an additional 6,771 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in AAM Low Duration Preferred & Income Securities ETF in the first quarter valued at approximately $30,000.
AAM Low Duration Preferred & Income Securities ETF Company Profile
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.
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