Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Short Interest Update

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 463,875 shares, a growth of 21.5% from the February 12th total of 381,820 shares. Based on an average trading volume of 1,196,123 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 1,196,123 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PFFA. Triumph Capital Management boosted its position in shares of Virtus InfraCap U.S. Preferred Stock ETF by 2.4% in the third quarter. Triumph Capital Management now owns 21,936 shares of the company’s stock worth $476,000 after purchasing an additional 518 shares during the period. Integrated Wealth Concepts LLC lifted its position in shares of Virtus InfraCap U.S. Preferred Stock ETF by 2.7% in the third quarter. Integrated Wealth Concepts LLC now owns 26,724 shares of the company’s stock valued at $580,000 after acquiring an additional 695 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake 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 worth $62,000 after acquiring an additional 1,000 shares during the period. Field & Main Bank purchased a new stake in shares of Virtus InfraCap U.S. Preferred Stock ETF during the fourth quarter worth about $31,000. Finally, Flagship Harbor Advisors LLC bought a new stake in Virtus InfraCap U.S. Preferred Stock ETF during the 4th quarter valued at approximately $40,000.

Virtus InfraCap U.S. Preferred Stock ETF Trading Up 0.9%

Virtus InfraCap U.S. Preferred Stock ETF stock opened at $21.10 on Wednesday. Virtus InfraCap U.S. Preferred Stock ETF has a one year low of $19.20 and a one year high of $22.50. The stock has a fifty day moving average of $21.68 and a 200 day moving average of $21.69.

Virtus InfraCap U.S. Preferred Stock ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 20th were paid a $0.1725 dividend. This represents a c) annualized dividend and a dividend yield of 9.8%. The ex-dividend date was Friday, February 20th.

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.