AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD) Short Interest Up 1,110.8% in December

by · The Cerbat Gem

AAM Low Duration Preferred & Income Securities ETF (NYSEARCA:PFLD – Get Free Report) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 15,062 shares, an increase of 1,110.8% from the December 15th total of 1,244 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 184,962 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 184,962 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

AAM Low Duration Preferred & Income Securities ETF Stock Performance

Shares of AAM Low Duration Preferred & Income Securities ETF stock traded up $0.01 during trading hours on Monday, hitting $19.69. The company’s stock had a trading volume of 141,973 shares, compared to its average volume of 106,810. AAM Low Duration Preferred & Income Securities ETF has a twelve month low of $19.23 and a twelve month high of $20.86. The firm has a fifty day moving average of $19.64 and a 200-day moving average of $19.65.

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

A number of institutional investors have recently made changes to their positions in PFLD. MassMutual Private Wealth & Trust FSB acquired a new position in shares of AAM Low Duration Preferred & Income Securities ETF in the 2nd quarter worth approximately $41,000. Janney Montgomery Scott LLC lifted its stake 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 purchasing an additional 3,916 shares in the last quarter. Captrust Financial Advisors boosted its position in shares of AAM Low Duration Preferred & Income Securities ETF by 0.6% during the second quarter. Captrust Financial Advisors now owns 166,055 shares of the company’s stock worth $3,256,000 after buying an additional 1,029 shares during the period. Finally, Alpine Bank Wealth Management grew its stake in shares of AAM Low Duration Preferred & Income Securities ETF by 655.0% in the third quarter. Alpine Bank Wealth Management now owns 39,146 shares of the company’s stock valued at $771,000 after buying an additional 33,961 shares in the last quarter.

AAM Low Duration Preferred & Income Securities ETF Company Profile

(Get Free Report)

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.

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