InfraCap MLP ETF (NYSEARCA:AMZA) Short Interest Update

InfraCap MLP ETF (NYSEARCA:AMZAGet Free Report) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 20,333 shares, an increase of 266.0% from the April 15th total of 5,556 shares. Based on an average daily volume of 49,703 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

InfraCap MLP ETF Stock Down 0.3%

NYSEARCA:AMZA opened at $47.59 on Thursday. InfraCap MLP ETF has a 12 month low of $38.01 and a 12 month high of $47.89. The firm has a market cap of $463.53 million, a price-to-earnings ratio of 14.90 and a beta of 0.69. The company’s 50 day moving average is $45.92 and its 200-day moving average is $42.71.

InfraCap MLP ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were issued a dividend of $0.34 per share. This represents a c) dividend on an annualized basis and a yield of 8.6%. The ex-dividend date was Friday, February 20th.

Institutional Investors Weigh In On InfraCap MLP ETF

A number of hedge funds have recently bought and sold shares of the company. CoreCap Advisors LLC boosted its holdings in InfraCap MLP ETF by 24.5% during the third 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. increased its position in InfraCap MLP ETF by 20.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,751 shares of the company’s stock worth $151,000 after buying an additional 633 shares during the period. Aventura Private Wealth LLC bought a new position in InfraCap MLP ETF in the 4th quarter worth approximately $37,000. Finally, NewEdge Advisors LLC increased its position in 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 buying an additional 1,395 shares during the period. 7.34% of the stock is currently owned by institutional investors.

InfraCap MLP ETF Company Profile

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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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