Alerian MLP ETF (AMLP) Short Interest Update
Alerian MLP ETF (NYSEARCA:AMLP) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 23,082,322 shares, a drop of 12.8% from the February 15th total of 26,457,063 shares. Based on an average daily volume of 16,438,300 shares, the days-to-cover ratio is currently 1.4 days.
AMLP opened at $9.89 on Friday. Alerian MLP ETF has a 52 week low of $8.27 and a 52 week high of $11.41.
The business also recently announced a quarterly dividend, which was paid on Thursday, February 21st. Shareholders of record on Friday, February 15th were given a dividend of $0.195 per share. The ex-dividend date was Thursday, February 14th. This represents a $0.78 annualized dividend and a yield of 7.89%.
About Alerian MLP ETF
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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