InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Short Interest Update

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) saw a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 80,479 shares, an increase of 21.5% from the February 12th total of 66,234 shares. Currently, 1.4% of the shares of the company are sold short. Based on an average daily volume of 65,312 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 65,312 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.4% of the shares of the company are sold short.

InfraCap REIT Preferred ETF Stock Performance

Shares of PFFR remained flat at $17.64 during mid-day trading on Monday. The stock had a trading volume of 40,752 shares, compared to its average volume of 45,685. InfraCap REIT Preferred ETF has a fifty-two week low of $16.99 and a fifty-two week high of $19.27. The stock’s fifty day moving average price is $18.09 and its 200-day moving average price is $18.32.

InfraCap REIT Preferred ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were given a dividend of $0.123 per share. The ex-dividend date was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 8.4%.

Institutional Trading of InfraCap REIT Preferred ETF

A hedge fund recently raised its stake in InfraCap REIT Preferred ETF stock. Janney Montgomery Scott LLC boosted its position in shares of InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 4.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 44,840 shares of the company’s stock after purchasing an additional 2,033 shares during the quarter. Janney Montgomery Scott LLC owned 0.76% of InfraCap REIT Preferred ETF worth $808,000 as of its most recent SEC filing.

InfraCap REIT Preferred ETF Company Profile

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.