Global X U.S. Preferred ETF (NYSEARCA:PFFD – Get Free Report) was the recipient of a significant decline in short interest in March. As of March 13th, there was short interest totaling 500,532 shares, a decline of 17.9% from the February 26th total of 609,860 shares. Based on an average daily volume of 611,498 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the shares of the stock are sold short.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of PFFD. Rockefeller Capital Management L.P. lifted its holdings in Global X U.S. Preferred ETF by 37.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 61,069 shares of the company’s stock valued at $1,155,000 after acquiring an additional 16,740 shares during the last quarter. World Investment Advisors acquired a new position in shares of Global X U.S. Preferred ETF in the 4th quarter worth approximately $470,000. AG Campbell Advisory LLC bought a new stake in shares of Global X U.S. Preferred ETF in the 4th quarter worth approximately $50,000. SHP Wealth Management acquired a new stake in Global X U.S. Preferred ETF during the fourth quarter valued at approximately $94,000. Finally, WMS Group LLC acquired a new stake in Global X U.S. Preferred ETF during the fourth quarter valued at approximately $189,000.
Global X U.S. Preferred ETF Stock Up 0.9%
Shares of NYSEARCA PFFD opened at $18.40 on Wednesday. The stock has a fifty day moving average price of $19.08 and a two-hundred day moving average price of $19.17. Global X U.S. Preferred ETF has a 1 year low of $17.81 and a 1 year high of $19.89.
Global X U.S. Preferred ETF Dividend Announcement
Global X U.S. Preferred ETF Company Profile
The Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of US preferred stocks, selected and weighted by market value. PFFD was launched on Sep 11, 2017 and is managed by Global X.
See Also
Receive News & Ratings for Global X U.S. Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X U.S. Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.
