AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) Short Interest Up 249.2% in July

AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 154,700 shares, agrowthof249.2% from the June 30th total of 44,300 shares. Based on an average daily volume of 127,000 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 127,000 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Trading of AAM Low Duration Preferred & Income Securities ETF

Hedge funds have recently modified their holdings of the business. Janney Montgomery Scott LLC boosted its holdings in AAM Low Duration Preferred & Income Securities ETF by 4.6% during the second quarter. Janney Montgomery Scott LLC now owns 89,316 shares of the company’s stock worth $1,751,000 after buying an additional 3,916 shares in the last quarter. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of AAM Low Duration Preferred & Income Securities ETF during the 2nd quarter valued at approximately $41,000. Captrust Financial Advisors boosted its stake in shares of AAM Low Duration Preferred & Income Securities ETF by 4.0% during the 4th quarter. Captrust Financial Advisors now owns 162,356 shares of the company’s stock worth $3,338,000 after acquiring an additional 6,225 shares in the last quarter. Finally, Coppell Advisory Solutions LLC grew its holdings in shares of AAM Low Duration Preferred & Income Securities ETF by 13.8% in the 4th quarter. Coppell Advisory Solutions LLC now owns 548,557 shares of the company’s stock worth $11,344,000 after acquiring an additional 66,582 shares during the period.

AAM Low Duration Preferred & Income Securities ETF Stock Up 0.1%

Shares of PFLD opened at $19.56 on Friday. The stock’s 50 day moving average is $19.63 and its two-hundred day moving average is $20.04. AAM Low Duration Preferred & Income Securities ETF has a twelve month low of $19.23 and a twelve month high of $21.49.

About AAM Low Duration Preferred & Income Securities ETF

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.