Alerian MLP (NYSEARCA:AMLP) saw a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 19,448,082 shares, a decline of 18.5% from the October 13th total of 23,852,883 shares. Based on an average trading volume of 14,522,927 shares, the short-interest ratio is currently 1.3 days.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. American Research & Management Co. raised its position in shares of Alerian MLP by 73.6% in the 2nd quarter. American Research & Management Co. now owns 9,200 shares of the exchange traded fund’s stock worth $110,000 after acquiring an additional 3,900 shares in the last quarter. A. D. Beadell Investment Counsel Inc. bought a new position in shares of Alerian MLP in the 2nd quarter worth approximately $126,000. Schroder Investment Management Group bought a new position in shares of Alerian MLP in the 2nd quarter worth approximately $133,000. Colony Group LLC bought a new position in shares of Alerian MLP in the 2nd quarter worth approximately $135,000. Finally, Frontier Investment Mgmt Co. bought a new position in shares of Alerian MLP in the 2nd quarter worth approximately $138,000.

Alerian MLP (AMLP) opened at $10.25 on Tuesday. Alerian MLP has a 52-week low of $9.99 and a 52-week high of $13.31.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Friday, November 10th were given a dividend of $0.2052 per share. This represents a $0.82 dividend on an annualized basis and a yield of 8.01%. The ex-dividend date of this dividend was Thursday, November 9th. Alerian MLP’s payout ratio is 43.20%.

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Alerian MLP Company Profile

ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class.

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