Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Short Interest Down 29.5% in December

Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 728,080 shares, a decline of 29.5% from the November 30th total of 1,033,371 shares. Based on an average trading volume of 776,063 shares, the short-interest ratio is currently 0.9 days. Approximately 0.8% of the shares of the company are sold short. Approximately 0.8% of the shares of the company are sold short. Based on an average trading volume of 776,063 shares, the short-interest ratio is currently 0.9 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of PFFA. AdvisorNet Financial Inc raised its position in Virtus InfraCap U.S. Preferred Stock ETF by 34.6% during the third quarter. AdvisorNet Financial Inc now owns 215,553 shares of the company’s stock worth $4,680,000 after acquiring an additional 55,398 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Virtus InfraCap U.S. Preferred Stock ETF by 34,786.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 53,028 shares of the company’s stock worth $1,151,000 after purchasing an additional 52,876 shares during the last quarter. Future Financial Wealth Managment LLC raised its holdings in shares of Virtus InfraCap U.S. Preferred Stock ETF by 22.7% in the 2nd quarter. Future Financial Wealth Managment LLC now owns 152,691 shares of the company’s stock valued at $3,181,000 after purchasing an additional 28,267 shares during the period. Venturi Wealth Management LLC bought a new position in Virtus InfraCap U.S. Preferred Stock ETF during the second quarter worth about $234,000. Finally, NewEdge Advisors LLC increased its position in Virtus InfraCap U.S. Preferred Stock ETF by 115.5% during the third quarter. NewEdge Advisors LLC now owns 17,881 shares of the company’s stock worth $388,000 after buying an additional 9,584 shares during the last quarter.

Virtus InfraCap U.S. Preferred Stock ETF Trading Down 0.0%

NYSEARCA PFFA traded down $0.01 on Monday, hitting $21.60. 809,766 shares of the stock were exchanged, compared to its average volume of 595,648. The company’s 50-day moving average price is $21.54 and its two-hundred day moving average price is $21.54. Virtus InfraCap U.S. Preferred Stock ETF has a 52-week low of $19.20 and a 52-week high of $22.50.

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.