AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) Stock Short Interest Jumps 321.1%

AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 5,057 shares, a growth of 321.1% from the September 15th total of 1,201 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 104,589 shares, the days-to-cover ratio is presently 0.0 days.

AAM Low Duration Preferred & Income Securities ETF Price Performance

Shares of PFLD stock opened at $19.20 on Tuesday. The stock has a 50 day simple moving average of $19.41 and a 200-day simple moving average of $19.54. AAM Low Duration Preferred & Income Securities ETF has a 1-year low of $19.06 and a 1-year high of $19.87.

Institutional Investors Weigh In On AAM Low Duration Preferred & Income Securities ETF

An institutional investor recently bought a new position in AAM Low Duration Preferred & Income Securities ETF stock. Ascentis Independent Advisors acquired a new position in shares of AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,529 shares of the company’s stock, valued at approximately $30,000.

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.