Short Interest in InfraCap REIT Preferred ETF (NYSEARCA:PFFR) Increases By 3,506.4%

InfraCap REIT Preferred ETF (NYSEARCA:PFFR) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 6,167 shares, an increase of 3,506.4% from the March 31st total of 171 shares. Based on an average daily trading volume, of 48,636 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On InfraCap REIT Preferred ETF

A hedge fund recently raised its stake in InfraCap REIT Preferred ETF stock. Kingswood Wealth Advisors LLC increased its holdings in shares of InfraCap REIT Preferred ETF (NYSEARCA:PFFR) by 206.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,789 shares of the company’s stock after buying an additional 32,860 shares during the period. Kingswood Wealth Advisors LLC owned about 0.83% of InfraCap REIT Preferred ETF worth $912,000 at the end of the most recent quarter.

InfraCap REIT Preferred ETF Stock Up 0.1%

Shares of PFFR opened at $17.80 on Friday. InfraCap REIT Preferred ETF has a fifty-two week low of $17.05 and a fifty-two week high of $19.27. The firm’s 50 day moving average price is $17.69 and its 200 day moving average price is $18.06.

InfraCap REIT Preferred ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were paid a dividend of $0.123 per share. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend was Friday, February 20th.

About InfraCap REIT Preferred ETF

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.