InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Update

InfraCap MLP ETF (NYSEARCA:AMZA) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 56,994 shares, a decline of 33.8% from the January 29th total of 86,124 shares. Based on an average daily volume of 50,528 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.6% of the shares of the company are short sold. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 50,528 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of InfraCap MLP ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Aventura Private Wealth LLC purchased a new stake in InfraCap MLP ETF during the fourth quarter worth about $37,000. CoreCap Advisors LLC lifted its position in shares of InfraCap MLP ETF by 24.5% during the 3rd quarter. CoreCap Advisors LLC now owns 2,014 shares of the company’s stock valued at $81,000 after acquiring an additional 396 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of InfraCap MLP ETF by 60.5% during 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 in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of InfraCap MLP ETF by 2.3% in the 3rd quarter. NewEdge Advisors LLC now owns 61,691 shares of the company’s stock worth $2,479,000 after acquiring an additional 1,395 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 stock traded up $0.27 during trading hours on Friday, reaching $45.30. 43,995 shares of the company’s stock were exchanged, compared to its average volume of 51,133. The company’s 50 day moving average is $41.99 and its two-hundred day moving average is $40.93. The company has a market cap of $435.33 million, a P/E ratio of 14.90 and a beta of 0.95. InfraCap MLP ETF has a 1 year low of $37.18 and a 1 year high of $48.45.

InfraCap MLP ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were issued a $0.34 dividend. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 9.0%.

InfraCap MLP ETF Company Profile

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.