InfraCap MLP ETF (NYSEARCA:AMZA – Get Free Report) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 5,314 shares, a decrease of 42.9% from the December 15th total of 9,302 shares. Based on an average trading volume of 32,695 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 32,695 shares, the days-to-cover ratio is currently 0.2 days.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in AMZA. NewEdge Advisors LLC lifted its position in shares of InfraCap MLP ETF by 2.3% during the 3rd quarter. NewEdge Advisors LLC now owns 61,691 shares of the company’s stock valued at $2,479,000 after acquiring an additional 1,395 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of InfraCap MLP ETF by 60.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,118 shares of the company’s stock worth $135,000 after acquiring an additional 1,175 shares during the last quarter. Aventura Private Wealth LLC acquired a new position in shares of InfraCap MLP ETF in the 4th quarter worth $37,000. Finally, CoreCap Advisors LLC raised its position in shares of InfraCap MLP ETF by 24.5% during the third quarter. CoreCap Advisors LLC now owns 2,014 shares of the company’s stock worth $81,000 after purchasing an additional 396 shares during the period. Institutional investors and hedge funds own 7.34% of the company’s stock.
InfraCap MLP ETF Price Performance
Shares of AMZA traded down $0.31 during mid-day trading on Thursday, hitting $41.36. The company’s stock had a trading volume of 39,129 shares, compared to its average volume of 60,983. The firm has a 50-day moving average price of $39.85 and a 200 day moving average price of $40.89. InfraCap MLP ETF has a fifty-two week low of $37.18 and a fifty-two week high of $48.98. The stock has a market capitalization of $397.47 million, a price-to-earnings ratio of 14.90 and a beta of 0.95.
About InfraCap MLP ETF
Infrastructure Capital Advisors, LLC is an SEC-registered investment advisor that manages an actively managed ETF and a series of private investment partnerships. The firm was formed in 2012 and is based in New York City.
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