Virtus InfraCap U.S. Preferred Stock Breaks Below 200-Day Moving Average

Virtus InfraCap U.S. Preferred Stock ETF (PFFA) fell below its 200-day moving average of $21.55, trading as low as $21.45 per share. The ETF was down about 1% on the day, signaling a mildly negative technical setup rather than a fundamental catalyst.

Analysis

Virtus InfraCap U.S. Preferred Stock ETF (PFFA) fell below its 200-day moving average of $21.55, trading as low as $21.45 per share. The ETF was down about 1% on the day, signaling a mildly negative technical setup rather than a fundamental catalyst.